Franklin Phonetic Primary School Inc

Analysis

Franklin Phonetic Primary School Inc is a registered charity in United States, based in Prescott Valley, AZ. It received its IRS tax-exemption ruling in December 1997, 29 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, Franklin Phonetic Primary School Inc reported income of $6.0m and spending of $6.4m, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.9m to $6.0m (+21%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Franklin Phonetic Primary School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include Ohio Council of Community Schools ($6.0m), North Florida Child Development Inc ($6.0m) and Online Learning Consortium Inc ($6.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $411k (6.4% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $7.6m against liabilities of $6.5m, net assets of $1.1m. It reported 154 employees.