Rome Grade School Foundation

Analysis

Rome Grade School Foundation is a registered charity in United States, based in Mount Vernon, IL. It received its IRS tax-exemption ruling in May 2021, 5 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, Rome Grade School Foundation reported income of $54k and spending of $46k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $54k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rome Grade School Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Chamblee High Bands Booster Inc ($54k), Educational Excellence Foundation of Gallatin County ($54k) and Fairfield Isd Education Foundation ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.