Francis Hugh Wardlaw Academy

Analysis

Francis Hugh Wardlaw Academy is a registered charity in United States, based in Johnston, SC. It received its IRS tax-exemption ruling in November 1971, 55 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 2023, Francis Hugh Wardlaw Academy reported income of $1.3m and spending of $1.5m, spending 120% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.3m (+18%), an average of +5.6% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Francis Hugh Wardlaw Academy sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within SC. Charities of a similar size with the same main cause include Main Line School Night Association ($1.3m), Arizona Education Scholarship Foundation Inc ($1.3m) and Ranch Academy and Life Skills Center Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 94% of the total. Other salaries and wages came to $956k. At year end it held assets of $1.1m against liabilities of $526k, net assets of $602k. It reported 58 employees.