Rittman Academy

Analysis

Rittman Academy is a registered charity in United States, based in Rittman, OH. It received its IRS tax-exemption ruling in April 2018, 8 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, Rittman Academy reported income of $435k and spending of $380k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $262k to $435k (+66%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rittman Academy 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 68th percentile within OH. Charities of a similar size with the same main cause include Mary Weems Barton Quincy Public Library Foundation ($435k), Cubingusa ($435k) and Fun Learning Place Corporation ($435k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $138k. At year end it held assets of $587k against liabilities of $403k, net assets of $184k. It reported 6 employees.