Rockland Teachers Center Institute

Analysis

Rockland Teachers Center Institute is a registered charity in United States, based in Garnerville, NY. It received its IRS tax-exemption ruling in December 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Rockland Teachers Center Institute reported income of $901k and spending of $929k, spending 103% of its income. Across the 4 years on record, from August 2020 to August 2023, income fell from $1.2m to $901k (-24%), an average of -8.6% a year. The sharpest change came in the year to August 2022, when income dropped by 18%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rockland Teachers Center Institute sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Tim Lee Ministries ($900k), Concerned Citizens for Our Youth Inc ($901k) and Issaquah Schools Foundation ($900k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $88k (9.5% of expenses). Other salaries and wages came to $255k. At year end it held assets of $683k against liabilities of $96k, net assets of $587k. It reported 9 employees.