Ralston College Inc

Analysis

Ralston College Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ralston College Inc reported income of $7.7m and spending of $5.5m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $614k to $7.7m (+1161%), an average of +88% a year. The sharpest change came in the year to June 2022, when income rose by 1833%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ralston College Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Evolution Academy ($7.7m), Hidden Genius Project ($7.7m) and Oceanside Library ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $361k (6.6% of expenses). Other salaries and wages came to $1.2m. It paid $63k in professional fundraising fees. At year end it held assets of $11.2m against liabilities of $338k, net assets of $10.8m. It reported 27 employees.