Salem Academy & College
Winston Salem, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $26,737,424↓30% | $30,327,637↑8% | $104,896,332↑1% | — |
| 2022 | $38,128,049↑30% | $28,045,179↑14% | $103,796,361↓9% | — |
| 2021 | $29,232,821↑1% | $24,671,600↓22% | $113,881,751↑16% | — |
| 2020 | $28,898,853↓31% | $31,514,402↓15% | $98,321,243↓1% | — |
| 2019 | $41,882,339↑3% | $37,286,396↓13% | $99,050,637↓3% | — |
| 2018 | $40,493,943↓5% | $42,835,787↓4% | $101,972,275↓4% | — |
| 2017 | $42,843,171↑9% | $44,676,791↑4% | $106,354,451↑1% | — |
| 2016 | $39,342,999↓4% | $42,786,539↑5% | $105,372,977↓8% | — |
| 2015 | $41,017,727↓3% | $40,888,728↑10% | $114,321,746↑3% | — |
| 2014 | $42,452,456↑18% | $37,303,493↑6% | $111,259,335↑6% | — |
| 2013 | $35,915,002↓5% | $35,184,363↑4% | $105,216,178↑15% | — |
| 2012 | $37,731,178↑24% | $33,907,392↑11% | $91,726,988↑2% | — |
| 2011 | $30,350,316 | $30,631,033 | $90,112,437 | — |
Frequently Asked Questions
What does Salem Academy & College do?▼
Salem Academy & College is a education nonprofit organization based in North Carolina. It is classified under NTEE code B420 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Salem Academy & College financially healthy?▼
Based on our 9-metric Financial Health Score model, Salem Academy & College has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Salem Academy & College generate?▼
Salem Academy & College reports $38.9M in annual revenue and holds $110.1M in total assets, based on IRS filings.
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