The Fletcher School Inc

Analysis

The Fletcher School Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 1983, 43 years ago. 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 2023, The Fletcher School Inc reported income of $11.7m and spending of $10.0m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.9m to $11.7m (+32%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Fletcher School 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 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Abyssinian Development Corporation ($11.7m), Legal Aid Society of Middle Tennessee and the Cumberlands ($11.7m) and Elk Hill Farm Inc ($11.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $518k (5.2% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $36.5m against liabilities of $15.8m, net assets of $20.8m. It reported 133 employees.