Rockford Christian Education Association
Analysis
Rockford Christian Education Association is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in October 1966, 60 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, Rockford Christian Education Association reported income of $7.5m and spending of $7.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.5m to $7.5m (-12%), an average of -3.2% a year. Over the whole period it spent 99% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Rockford Christian Education Association sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Geears the Georgia Early Education Alliance for Ready Students Inc ($7.5m), Providence Classical School ($7.5m) and Georgia High School Association ($7.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $272k (3.7% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $17.2m against liabilities of $9.7m, net assets of $7.6m. It reported 221 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.2%
- Program services 92%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Geears the Georgia Early Education Alliance for Ready Students Inc | Atlanta | $7.5m |
| Providence Classical School | Spring | $7.5m |
| Georgia High School Association | Thomaston | $7.5m |
| Boston Trinity Academy Inc | Hyde Park | $7.5m |