Rocket Phonics Foundation Inc

Analysis

Rocket Phonics Foundation Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in March 2020, 6 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 January 2024, Rocket Phonics Foundation Inc reported income of $125k and spending of $108k, spending 87% of its income. Across the 2 years on record, from January 2023 to January 2024, income grew from $111k to $125k (+12%), an average of +12% a year. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rocket Phonics Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Dreadnaught Band Boosters Inc ($125k), Portland Urban Debate League ($125k) and Keyara S Gift Inc ($125k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.