SALEM ACADEMY AND COLLEGE

SALEM ACADEMY AND COLLEGE

Winstonsalem, NC, US
501(c)3
EIN
56-0530005
School

SALEM ACADEMY AND COLLEGE

Winstonsalem, NC, US
501(c)3
EIN
56-0530005
School

Overview

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Est.

1772

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Salem Academy and College, with an EIN of 56-0530005, is a nonprofit organization dedicated to undergraduate and university education, focusing on empowering girls and women since 1772. With an operating budget of $25.2 million and total revenue of $38.9 million, it fosters a diverse community centered on transformative learning, comprehensive wellness, and inclusive values. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a broad base of support for its mission to develop compassionate and creative leaders. For more information, visit www.salem.edu and www.salemacademy.com.

Mission Statement

SALEM ACADEMY AND COLLEGE IS A DIVERSE COMMUNITY DEDICATED TO EDUCATING GIRLS AND WOMEN AND EMPOWERING THEM TO LEAD. SINCE 1772, SALEM ACADEMY FOSTERS GIRLS TO BECOME COMPASSIONATE AND CREATIVE LEADERS WHO CHART THEIR PATHS WITH CHARACTER, CURIOSITY, AND COURAGE. AT SALEM ACADEMY, CORE VALUES SUCH AS TRANSFORMATIVE LEARNING, COMPREHENSIVE WELLNESS, AND INCLUSIVE COMMUNITY PROVIDE AN EXTRAORDINARY EDUCATIONAL EXPERIENCE TO PREPARE STUDENTS FOR COLLEGE AND LIFE. SALEM COLLEGE, A PREMIER WOMEN'S COLLEGE COMMITTED TO ADVANCING EQUITY IN HEALTH AND IN SOCIETY, IS GROUNDED IN THE LIBERAL ARTS. AT SALEM COLLEGE, CORE VALUES SUCH AS INTELLECTUAL CURIOSITY, EQUITY AND BELONGING, AND COURAGEOUS LEADERSHIP DEVELOPS STUDENTS' POTENTIAL TO PREPARE THEM TO CREATE HEALTHIER AND MORE EQUITABLE COMMUNITIES
Revenues

$38.9M

Expenses

$33.3M

Net Income:
+$5.6M
Assets

$110.1M

Liabilities

$20.8M

Net Assets:
+$89.4M
Operating Budget

$25.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

36

Median grant size
$11.3K
Largest grant received
$1.8M
S
Summer McGee
Board Member
D
DR Brandy Nelson
Board Member
L
Lossie Freeman
Board Member

Frequently Asked Questions

What is SALEM ACADEMY AND COLLEGE’s budget?
In 2024, SALEM ACADEMY AND COLLEGE reported an annual operating budget of around $25.2 million. More detailed financial information is available to registered users.
What causes does SALEM ACADEMY AND COLLEGE support?
SALEM ACADEMY AND COLLEGE supports work in University education and Undergraduate education.
Where does SALEM ACADEMY AND COLLEGE operate?
SALEM ACADEMY AND COLLEGE is headquartered in Winstonsalem, NC.
Who funded SALEM ACADEMY AND COLLEGE recently?
In 2025, SALEM ACADEMY AND COLLEGE received grants from TW BITTING BLDG SALEM COL KBR, NORTH CAROLINA COMMUNITY FOUNDATION, and TW MISSION SOC MOR ET AL. More information on this organization’s funders is available to registered users.
What is the largest grant SALEM ACADEMY AND COLLEGE received in 2024?
The largest grant to SALEM ACADEMY AND COLLEGE in 2024 exceeds $1.8 million.
What is SALEM ACADEMY AND COLLEGE’s reliance on government grants?
SALEM ACADEMY AND COLLEGE relied on government grants for less than 5% of their total revenue in 2024.
Overview
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