Forsyth Education Partnership

Analysis

Forsyth Education Partnership is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Forsyth Education Partnership reported income of $126k and spending of $170k, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $266k to $126k (-53%), an average of -17% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Forsyth Education Partnership sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Hector Firemans Relief Association ($126k), Firebox Initiative Inc ($126k) and Sidey Fund Inc ($126k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $7,899. At year end it held assets of $266k against liabilities of $0, net assets of $266k. It reported 1 employees.