Roosevelt Charter Academy

Analysis

Roosevelt Charter Academy is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in September 2014, 12 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 2024, Roosevelt Charter Academy reported income of $9.3m and spending of $7.3m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.7m to $9.3m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Roosevelt Charter Academy 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 96th percentile within CO. Charities of a similar size with the same main cause include North Houston Catholic High School ($9.3m), Yeshiva Tiferes Yisroel ($9.3m) and Riverstone Community School Inc ($9.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $125k (1.7% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $13.7m against liabilities of $9.1m, net assets of $4.5m. It reported 121 employees.