Rome Institute of Liberal Arts Inc

Analysis

Rome Institute of Liberal Arts Inc is a registered charity in United States, based in El Sobrante, CA. It received its IRS tax-exemption ruling in July 2008, 18 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 December 2023, Rome Institute of Liberal Arts Inc reported income of $345k and spending of $323k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $279k to $345k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rome Institute of Liberal Arts Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include University Club Foundation Inc ($345k), Heartwood Grove School ($345k) and Engaging Young Minds Academy Inc ($345k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $144k (45% of expenses). Other salaries and wages came to $6,600. At year end it held assets of $147k against liabilities of $0, net assets of $147k.