Future Public School Inc

Analysis

Future Public School Inc is a registered charity in United States, based in Garden City, ID. It received its IRS tax-exemption ruling in October 2017, 9 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, Future Public School Inc reported income of $4.6m and spending of $4.8m, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.6m to $4.6m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Future Public School Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within ID. Charities of a similar size with the same main cause include Topeka Collegiate School Inc ($4.6m), New Orleans Career Center ($4.6m) and Columbus Montessori Education Center ($4.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $350k (7.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $11.5m against liabilities of $12.4m, net assets of -$862k. It reported 83 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.