Tallulah Falls School Inc

Analysis

Tallulah Falls School Inc is a registered charity in United States, based in Tallulah FLS, GA. It received its IRS tax-exemption ruling in October 1941, 85 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, Tallulah Falls School Inc reported income of $26.0m and spending of $26.8m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $21.5m to $26.0m (+21%), an average of +4.9% a year. 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, Tallulah Falls School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Trinity-Pawling School Corporation ($26.0m), Trinity School Inc ($26.0m) and University of Houston College of Business Foundation ($26.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $694k (2.6% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $77.9m against liabilities of $15.9m, net assets of $62.0m. It reported 258 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.