Roever Foundation Inc

Analysis

Roever Foundation Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in April 1991, 35 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 2023, Roever Foundation Inc reported income of $343k and spending of $500k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $343k (+9.2%), an average of +2.2% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Roever Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Public Policy and International Affairs Program ($343k), Fort Collins Breakfast Rotary Charitable Foundation ($343k) and Discovering Mind Foundation ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $155k against liabilities of $39k, net assets of $116k.