Ropes Rites of Passage and

Analysis

Ropes Rites of Passage and is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2022, Ropes Rites of Passage and reported income of $449k and spending of $429k, spending 95% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $233k to $449k (+92%), an average of +92% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ropes Rites of Passage and sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Inglewood Educational Foundation ($449k), Arcadian Fellowship Church Inc ($449k) and F H L Academy Inc ($449k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $41k (9.6% of expenses). Other salaries and wages came to $197k. At year end it held assets of -$2,656 against liabilities of $5,414, net assets of -$8,070. It reported 20 employees.