Roycemore School

Analysis

Roycemore School is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in August 1940, 86 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, Roycemore School reported income of $9.8m and spending of $8.0m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $9.8m (+63%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Roycemore School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Charter High School of Arts Association ($9.8m), The Auditory Oral School of New York ($9.8m) and Multicultural Learning Center ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $340k (4.3% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $15.4m against liabilities of $10.0m, net assets of $5.3m. It reported 92 employees.