Rosati Leadership Academy

Analysis

Rosati Leadership Academy is a registered charity in United States, based in Topsham, ME. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Rosati Leadership Academy reported income of $65k and spending of $122k, spending 190% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $65k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 103% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Rosati Leadership Academy sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 19th percentile within ME. Charities of a similar size with the same main cause include Men of Courage Foundation ($65k), Learning Innovations for Teens and Youth ($65k) and Building Opportunities & Opening Minds ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $2,724, net assets of $9,640.