Friends of Rodeph Sholom School Inc

Analysis

Friends of Rodeph Sholom School Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Friends of Rodeph Sholom School Inc reported income of $2.0m and spending of $3.3m, spending 165% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.2m to $2.0m (-53%), an average of -17% a year. The sharpest change came in the year to June 2021, when income rose by 151%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Rodeph Sholom School Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Education Evolving ($2.0m), Cypress Mandela Training Center ($2.0m) and Freeman Academy & Freeman Junior College ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 2.9% of the total. At year end it held assets of $11.7m against liabilities of $500k, net assets of $11.2m.