Fort Worth Academy for the Education of Children & Youth

Analysis

Fort Worth Academy for the Education of Children & Youth is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in June 1983, 43 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 2023, Fort Worth Academy for the Education of Children & Youth reported income of $4.7m and spending of $4.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $4.7m (+20%), an average of +4.8% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fort Worth Academy for the Education of Children & Youth sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Liberty High School ($4.7m), Synergy School ($4.7m) and Washington County Day School Association Inc ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $331k (7.0% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $13.2m against liabilities of $4.2m, net assets of $9.0m. It reported 68 employees.