Burke County Smart Start Inc

Analysis

Burke County Smart Start Inc is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Burke County Smart Start Inc reported income of $4.1m and spending of $4.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $4.1m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2020, when income rose by 21%. 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, Burke County Smart Start Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Pacific Heritage Schools ($4.1m), Pattisons D R E a M Academy ($4.1m) and Concord Christian Academy ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (1.7% of expenses). Other salaries and wages came to $152k. At year end it held assets of $67k against liabilities of $2,640, net assets of $65k. It reported 5 employees.