Arts Based School Supporting Organization

Analysis

Arts Based School Supporting Organization is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arts Based School Supporting Organization reported income of $283k and spending of $202k, leaving 28% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $173k to $283k (+64%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arts Based School Supporting Organization sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include St Helena Preschool for All Inc ($283k), Aledo Parent-Teacher Organization Inc ($283k) and Circle School ($283k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $160k. At year end it held assets of $145k against liabilities of $20k, net assets of $125k. It reported 34 employees.