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Charter agency · Wake County

Franklin Academy, NC: schools, enrollment and spending

Franklin Academy runs 1 public school with 1,660 students in grades K to 12. Its ratio of 13.4 students per teacher is 2.9 lower than the North Carolina figure of 16.3.

At a glance

Schools
1
Students
1,660
Teachers (FTE)
124
Students per teacher
13.4
NC: 16.3 · US: 15.3
Address
1127 Chalk Rd, Wake Forest, NC 27587
County
Wake County
Locale
Suburb: Large
Grades offered
K to 12
Agency type
Charter agency
NCES district ID
3700069
State district ID
NC-92F
School counselors (FTE)
2.0About 830 students per counselor.
Charter schools
1
Location from NCES coordinates. Map data OpenStreetMap contributors. Open larger map

Students per teacher compared

This district13.4
North Carolina16.3
United States15.3

2020 finance data

From the F-33 School District Finance Survey for fiscal year 2020, in nominal dollars. Enrollment used for per-pupil figures is the finance survey count (1,650), which can differ from 2024-25 enrollment.
Total revenue
$15.3 million
Federal revenue
$396,000
State revenue
$10.0 million
Local revenue
$4.8 million
Total spending
$13.0 million
Spending per pupil
$7,868
Salaries
$8.6 million66.1% of total spending.
Long-term debt (end of year)
$0

Where revenue came from

  • Federal: 2.6%
  • State: 65.7%
  • Local: 31.7%

North Carolina overall

  • Federal: 12.1%
  • State: 61.7%
  • Local: 26.2%

Spending per pupil compared

This district$7,868
North Carolina$11,869
United States$16,826

Schools in Franklin Academy

By level: 1 other. A CEP school serves free meals to all students.
Franklin AcademyCharterOtherK to 121,66013.4

Nearby and related

Source: NCES Common Core of Data 2024-25 and F-33 finance 2020, via the Urban Institute Education Data Portal. Last reviewed October 2026. Finance figures are 2020 finance data in nominal dollars, not adjusted for inflation. Blank values are not available, not applicable or suppressed in the source. See the methodology.