Salem Community HS Academic

Analysis

Salem Community HS Academic is a registered charity in United States, based in Salem, IL. 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 August 2024, Salem Community HS Academic reported income of $81k and spending of $25k, leaving 70% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $69k to $81k (+17%), an average of +17% a year. The sharpest change came in the year to August 2024, when income rose by 17%. Over the whole period it spent 32% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Salem Community HS Academic sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within IL. Charities of a similar size with the same main cause include Laser Booster Association Inc ($81k), Mifflin County Music Boosters Association ($81k) and Jupiter Middle School Parent Teacher Organization Inc ($81k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 82% of the total. At year end it held assets of $338k against liabilities of $0, net assets of $338k.