Rocky Mountain Academy of Evergreen Inc

Analysis

Rocky Mountain Academy of Evergreen Inc is a registered charity in United States, based in Evergreen, CO. It received its IRS tax-exemption ruling in August 2018, 8 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, Rocky Mountain Academy of Evergreen Inc reported income of $4.7m and spending of $5.2m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.3m to $4.7m (-26%), an average of -7.1% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rocky Mountain Academy of Evergreen Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Goodwill Excel Center Midsouth Inc ($4.7m), Publicolor Inc ($4.7m) and Value Schools Foundation ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 87% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $11.1m against liabilities of $10.6m, net assets of $572k.