Fairhill School

Analysis

Fairhill School is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 1974, 52 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 August 2023, Fairhill School reported income of $3.0m and spending of $3.7m, spending 125% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.0m to $3.0m (-25%), an average of -6.8% a year. The sharpest change came in the year to August 2021, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fairhill School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Brillare Beauty Institute ($3.0m), Adams County Childrens Educational & Special Services Inc ($3.0m) and Newman Theological College St Josephs Seminary ($3.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.9% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $113k (3.0% of expenses). Other salaries and wages came to $2.1m. It paid $328k in professional fundraising fees. At year end it held assets of $10.5m against liabilities of $1.3m, net assets of $9.2m. It reported 49 employees.