Fayetteville Area Health Education Foundation Inc

Analysis

Fayetteville Area Health Education Foundation Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in November 1974, 52 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 June 2024, Fayetteville Area Health Education Foundation Inc reported income of $21.0m and spending of $20.0m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $15.6m to $21.0m (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fayetteville Area Health Education Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Alternative Paths Training School Inc ($21.0m), Alder Graduate School of Education ($21.0m) and Nichols School of Buffalo ($21.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $847k (4.2% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $36.8m against liabilities of $11.3m, net assets of $25.5m. It reported 173 employees.