Romanza St Augustine Inc

Analysis

Romanza St Augustine Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in April 2010, 16 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, Romanza St Augustine Inc reported income of $446k and spending of $418k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $408k to $446k (+9.2%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Romanza St Augustine Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Phi Beta Psi Sorority ($446k), Clear Creek Education Foundation ($446k) and Imago Dei Classical Academy Inc ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $18k (4.3% of expenses). It paid $13k in professional fundraising fees. At year end it held assets of $267k against liabilities of $1,287, net assets of $266k. It reported 1 employees.