Farragut High School Education Foundation Inc

Analysis

Farragut High School Education Foundation Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in July 1996, 30 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, Farragut High School Education Foundation Inc reported income of $69k and spending of $70k, spending 101% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $45k to $69k (+53%), an average of +8.9% a year. The sharpest change came in the year to June 2021, when income rose by 602%. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Farragut High School Education Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within TN. Charities of a similar size with the same main cause include Kaufman County Texas a & M Club ($69k), Moline Music Boosters ($69k) and Lake Seminole Square Scholarship Fund Inc ($69k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.