Rochester Education Foundation Inc

Analysis

Rochester Education Foundation Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in December 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, Rochester Education Foundation Inc reported income of $203k and spending of $289k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $397k to $203k (-49%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 64%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rochester Education Foundation Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Leadership Southeast Georgia Inc ($203k), Patriots Inc ($203k) and Olpc Inc ($202k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $32k (11% of expenses). Other salaries and wages came to $48k. At year end it held assets of $564k against liabilities of $5,117, net assets of $559k.