Rockingham County Education Foundation

Analysis

Rockingham County Education Foundation is a registered charity in United States, based in Reidsville, NC. It received its IRS tax-exemption ruling in March 2009, 17 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, Rockingham County Education Foundation reported income of $181k and spending of $151k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $31k to $181k (+482%), an average of +80% a year. The sharpest change came in the year to June 2021, when income rose by 444%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rockingham County Education Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Stephen Bufton Memorial Educational Fund ($181k), Academy Advisory Board Inc ($181k) and Academy for Academic Excellence ($181k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $238k against liabilities of $707, net assets of $238k.