Rocky Mount Charter School Inc

Analysis

Rocky Mount Charter School Inc is a registered charity in United States, based in Rocky Mount, NC. It received its IRS tax-exemption ruling in August 1998, 28 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, Rocky Mount Charter School Inc reported income of $11.6m and spending of $12.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.7m to $11.6m (+8.0%), an average of +1.9% a year. 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, Rocky Mount Charter School Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Geneva School of Boerne ($11.6m), Imhotep Institute Inc ($11.6m) and Grier Foundation ($11.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $144k (1.2% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $7.4m against liabilities of $3.1m, net assets of $4.3m. It reported 219 employees.