Furlow Charter School Inc

Analysis

Furlow Charter School Inc is a registered charity in United States, based in Americus, GA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Furlow Charter School Inc reported income of $10.6m and spending of $9.4m, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.8m to $10.6m (+182%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 94%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Furlow Charter School Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include St Christophers School Foundation ($10.6m), Edchoice Inc ($10.6m) and Tennessee Technological University Foundation ($10.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $235k (2.5% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $9.9m against liabilities of $756k, net assets of $9.1m. It reported 132 employees.