Fayetteville Creative Schools Inc
Analysis
Fayetteville Creative Schools Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in August 1966, 60 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, Fayetteville Creative Schools Inc reported income of $460k and spending of $523k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $352k to $460k (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2024, when income dropped by 25%. 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, Fayetteville Creative Schools Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within AR. Charities of a similar size with the same main cause include Southeastern Technical Institute Foundation Inc ($460k), Core-Mark Families Foundation ($460k) and Society of Italian American Businessmen Inc ($460k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 87% of the total. Other salaries and wages came to $330k. At year end it held assets of $900k against liabilities of $27k, net assets of $873k. It reported 31 employees.
Income and spending
Where the income comes from
- Contributions & grants 10%
- Program services 87%
- Other 2.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Southeastern Technical Institute Foundation Inc | Vidalia | $460k |
| Core-Mark Families Foundation | Westlake | $460k |
| Society of Italian American Businessmen Inc | Bel Air | $460k |
| Valley Classical School Inc | Blacksburg | $460k |