Rocky River Educational Foundation Inc

Analysis

Rocky River Educational Foundation Inc is a registered charity in United States, based in Rocky River, OH. It received its IRS tax-exemption ruling in June 1984, 42 years ago. 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 June 2023, Rocky River Educational Foundation Inc reported income of $323k and spending of $303k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $351k to $323k (-7.9%), an average of -2.7% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rocky River Educational Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Centro Corazon de Maria Inc ($323k), San Francisco Host Committee ($323k) and Hope Alive Inc ($323k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.