Smart Start Rowan Inc

Analysis

Smart Start Rowan Inc is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in January 1995, 31 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 2024, Smart Start Rowan Inc reported income of $3.6m and spending of $3.5m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.5m to $3.6m (+3.4%), an average of +0.7% a year. 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, Smart Start Rowan Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Albrook School ($3.6m), Pinecrest Academy of Idaho Inc ($3.6m) and The Mesivta High School of Great Philadelphia ($3.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $88k (2.5% of expenses). Other salaries and wages came to $533k. At year end it held assets of $308k against liabilities of $22k, net assets of $286k. It reported 13 employees.