Rockford Charter School Organization

Analysis

Rockford Charter School Organization is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rockford Charter School Organization reported income of $4.3m and spending of $3.7m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $4.3m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rockford Charter School Organization sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Arapahoe County Early Childhood Council ($4.3m), Potsdam College Foundation Inc ($4.3m) and Hernando Christian Private Academy Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $109k (3.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.9m against liabilities of $1.3m, net assets of $3.6m. It reported 55 employees.