Westlawn School Inc
Analysis
Westlawn School Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Westlawn School Inc reported income of $681k and spending of $490k, leaving 28% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $237k to $681k (+188%), an average of +42% a year. The sharpest change came in the year to June 2022, when income rose by 78%. Over the whole period it spent 78% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Westlawn School Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Golden State Athletic Conference Inc ($681k), San Diego Hua Xia Chinese School Incorporation ($681k) and Central Brooklyn Economic Development Corporation Inc ($681k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $128k (26% of expenses). At year end it held assets of $516k against liabilities of $113k, net assets of $403k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 82%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Golden State Athletic Conference Inc | Aliso Viejo | $681k |
| San Diego Hua Xia Chinese School Incorporation | San Diego | $681k |
| Central Brooklyn Economic Development Corporation Inc | Brooklyn | $681k |
| North American Innovation Academy | Mukilteo | $682k |