Smart Start of Transylvania County

Analysis

Smart Start of Transylvania County is a registered charity in United States, based in Brevard, NC. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Smart Start of Transylvania County reported income of $2.2m and spending of $1.7m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $936k to $2.2m (+137%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Smart Start of Transylvania County sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Henderson County Alliance for Education ($2.2m), Bailey Charter Elementary School ($2.2m) and House of Light Global ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $352k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 8 employees.