Frederick J Furtah Preparatory School Inc

Analysis

Frederick J Furtah Preparatory School Inc is a registered charity in United States, based in Acworth, GA. It received its IRS tax-exemption ruling in December 2001, 25 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, Frederick J Furtah Preparatory School Inc reported income of $987k and spending of $1.1m, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $841k to $987k (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Frederick J Furtah Preparatory School Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Annenberg School of Nursing ($987k), Cristo Rey Tampa Work Study Inc ($988k) and Lafayette Charter School ($987k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $65k (5.8% of expenses). Other salaries and wages came to $483k. At year end it held assets of $1.7m against liabilities of $972k, net assets of $728k. It reported 16 employees.