Uwharrie Green School Inc

Analysis

Uwharrie Green School Inc is a registered charity in United States, based in Asheboro, NC. It received its IRS tax-exemption ruling in July 2014, 12 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 2023, Uwharrie Green School Inc reported income of $20.5m and spending of $20.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.0m to $20.5m (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uwharrie Green School Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Hispanic Association of Colleges and Universities ($20.5m), Patrick Henry College ($20.5m) and Lancaster Country Day School ($20.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $307k (1.5% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $79.1m against liabilities of $91.0m, net assets of -$12.0m. It reported 266 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.