Colorado Rocky Mountain School

Analysis

Colorado Rocky Mountain School is a registered charity in United States, based in Carbondale, CO. It received its IRS tax-exemption ruling in May 1957, 69 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 2023, Colorado Rocky Mountain School reported income of $12.6m and spending of $11.4m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.0m to $12.6m (+15%), an average of +3.6% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colorado Rocky Mountain School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Ilearn Schools Inc ($12.6m), Frederick Douglass Mastery Charter School ($12.6m) and Chestnut Hill School ($12.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $481k (4.2% of expenses). Other salaries and wages came to $3.7m. It paid $174k in professional fundraising fees. At year end it held assets of $46.6m against liabilities of $7.4m, net assets of $39.2m. It reported 133 employees.