Fueled Schools Inc

Analysis

Fueled Schools Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fueled Schools Inc reported income of $1.2m and spending of $1.8m, spending 149% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.2m (-18%), an average of -6.6% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fueled Schools Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Conway School of Landscape Design Inc ($1.2m), Jefferson County Library Cooperative Inc ($1.2m) and Justice Management Institute ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $258k (14% of expenses). Other salaries and wages came to $573k. At year end it held assets of $1.7m against liabilities of $390k, net assets of $1.3m. It reported 11 employees.