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Do School

RegisteredEIN 85-4351883Winston Salem, NCCommunity and economic development
Income$228k2024-02
Spending$306ksame year
Spent / received101%3-year average
Size in its cause53rd pctCommunity and economic development
Exempt since2021Publicly supported organisat
Employees3latest return

Analysis

Do School is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 February 2024, Do School reported income of $228k and spending of $306k, spending 134% of what it took in. Across the 3 years on record, from February 2022 to February 2024, income grew from $107k to $228k (+113%), an average of +46% a year. The sharpest change came in the year to February 2023, when income rose by 53%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Do School sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Mille Lacs Trails Inc ($228k), Heart of Lebanon Inc ($228k) and Centralina Economic Development Commission Inc ($228k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $145k (47% of expenses). At year end it held assets of $185k against liabilities of $45k, net assets of $140k. It reported 3 employees.

Income and spending

$0$76k$153k$229k$306k2022 Income: $107,1922022 Spending: $42,41920222023 Income: $163,4822023 Spending: $154,74220232024 Income: $228,2172024 Spending: $305,7322024
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Mille Lacs Trails IncAitkin$228k
Heart of Lebanon IncLebanon$228k
Centralina Economic Development Commission IncCharlotte$228k
Economic Collaborative of Northern Arizona IncFlagstaff$228k