Felton Laboratory Charter School

Analysis

Felton Laboratory Charter School is a registered charity in United States, based in Orangeburg, SC. It received its IRS tax-exemption ruling in October 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, Felton Laboratory Charter School reported income of $4.4m and spending of $4.1m, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.4m to $4.4m (+0.0%), an average of +0.0% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Felton Laboratory Charter School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within SC. Charities of a similar size with the same main cause include Community Childrens Center Inc ($4.4m), Aghoshal-Khidmat USA Inc ($4.4m) and Sunbridge Schools ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $109k (2.7% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.8m against liabilities of $10.4m, net assets of -$5.6m. It reported 73 employees.