National Roofing Foundation
Analysis
National Roofing Foundation is a registered charity in United States, based in Itasca, IL. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending May 2024, National Roofing Foundation reported income of $1.3m and spending of $1.1m, leaving 21% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $808k to $1.3m (+67%), an average of +14% a year. The sharpest change came in the year to May 2021, when income rose by 159%. Over the whole period it spent 66% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, National Roofing Foundation sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Odessa Christian School Inc ($1.3m), Skaneateles Library Association ($1.3m) and Owasso Preparatory Academy Incorporated ($1.3m).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 45% and program service revenue 1.3% of the total. At year end it held assets of $15.0m against liabilities of $28k, net assets of $14.9m.
Income and spending
Where the income comes from
- Contributions & grants 45%
- Program services 1.3%
- Other 54%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Odessa Christian School Inc | Safety Harbor | $1.3m |
| Skaneateles Library Association | Skaneateles | $1.3m |
| Owasso Preparatory Academy Incorporated | Owasso | $1.3m |
| Reading Heart | Fresno | $1.3m |