Fuller Normal and Industrial Institute

Analysis

Fuller Normal and Industrial Institute is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in May 1969, 57 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, Fuller Normal and Industrial Institute reported income of $754k and spending of $736k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $442k to $754k (+70%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fuller Normal and Industrial Institute sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within SC. Charities of a similar size with the same main cause include Joint Apprenticeship & Training Committee Paducah Div Southern ($754k), Collegium Institute ($754k) and Olmsted County Historical Society ($754k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $243k (33% of expenses). Other salaries and wages came to $186k. At year end it held assets of $27k against liabilities of $0, net assets of $27k. It reported 14 employees.