Rollins College
Analysis
Rollins College is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in January 1932, 94 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 May 2023, Rollins College reported income of $213.7m and spending of $209.3m, spending 98% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $194.5m to $213.7m (+9.9%), an average of +2.4% a year. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Rollins College sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Kipp Socal Public Schools ($213.6m), Green Dot Public Schools ($214.4m) and Kipp DC Public Charter Schools ($212.6m).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 9.1% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $3.8m (1.8% of expenses). Other salaries and wages came to $53.2m. It paid $68k in professional fundraising fees. At year end it held assets of $843.6m against liabilities of $254.7m, net assets of $588.9m. It reported 1,768 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.1%
- Program services 81%
- Other 9.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kipp Socal Public Schools | Los Angeles | $213.6m |
| Green Dot Public Schools | Los Angeles | $214.4m |
| Kipp DC Public Charter Schools | Washington | $212.6m |
| Depauw University | Greencastle | $215.8m |