Rockingham Educational Foundation Inc

Analysis

Rockingham Educational Foundation Inc is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in October 1995, 31 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 June 2023, Rockingham Educational Foundation Inc reported income of $103k and spending of $363k, spending 352% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $296k to $103k (-65%), an average of -23% a year. The sharpest change came in the year to June 2020, when income rose by 413%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rockingham Educational Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include Stay Free Ministries ($103k), Stone Bridge Parent Council ($103k) and Fayette Schools Alumni Association ($103k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 299% of the total. Compensation of current officers, directors and key employees was $51k (14% of expenses). At year end it held assets of $4.4m against liabilities of $3,000, net assets of $4.4m.