Smart Start of Forsyth County

Analysis

Smart Start of Forsyth County is a registered charity in United States, based in Winston Salem, 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 2023, Smart Start of Forsyth County reported income of $9.4m and spending of $9.7m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $9.4m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2022, 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, Smart Start of Forsyth County sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include School Health Clinics of Santa Clara County ($9.4m), A Public School of Choice Inc ($9.4m) and Clinton College ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $212k (2.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $455k against liabilities of $326k, net assets of $129k. It reported 41 employees.