Georgia Fugees Academy Charter School Inc

Analysis

Georgia Fugees Academy Charter School Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in July 2020, 6 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, Georgia Fugees Academy Charter School Inc reported income of $4.9m and spending of $4.9m, spending 101% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $2.2m to $4.9m (+120%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 48%. 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, Georgia Fugees Academy Charter School Inc 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 93rd percentile within GA. Charities of a similar size with the same main cause include Donoho School ($4.9m), Emergent Order Foundation Inc ($4.9m) and Manzanita School and Institute ($4.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 55% of the total. At year end it held assets of $4.1m against liabilities of $4.9m, net assets of -$763k. It reported 32 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.