Winston-Salem Street School

Analysis

Winston-Salem Street School is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in March 2003, 23 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, Winston-Salem Street School reported income of $810k and spending of $713k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $455k to $810k (+78%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Winston-Salem Street School sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include X-Cel Inc ($810k), Pga Financial Assistance Fund Inc ($810k) and Waverly Public Library Foundation ($809k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $87k (12% of expenses). Other salaries and wages came to $352k. At year end it held assets of $570k against liabilities of $2,213, net assets of $568k. It reported 17 employees.