Fulton Education Foundation Inc

Analysis

Fulton Education Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 1986, 40 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, Fulton Education Foundation Inc reported income of $2.4m and spending of $496k, leaving 79% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $94k to $2.4m (+2430%), an average of +91% a year. The sharpest change came in the year to June 2024, when income rose by 546%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fulton Education Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Martinsburg Public Library Comm a Corp Created by Ord of Council ($2.4m), Bridges Preparatory Academy ($2.4m) and Association for Biblical Higher Education ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $230k (46% of expenses). Other salaries and wages came to $46k. At year end it held assets of $2.3m against liabilities of $36k, net assets of $2.3m. It reported 1 employees.