Rollingstone Community School

Analysis

Rollingstone Community School is a registered charity in United States, based in Rollingstone, MN. It received its IRS tax-exemption ruling in November 2022, 4 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, Rollingstone Community School reported income of $637k and spending of $638k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $81k to $637k (+690%), an average of +690% a year. The sharpest change came in the year to June 2023, when income rose by 690%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rollingstone Community School sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include California League of Middle Schools ($637k), Mount St Marys Child Care Center Inc ($637k) and Wheeler Avenue Christian Academy Inc ($637k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $102k (16% of expenses). Other salaries and wages came to $166k. At year end it held assets of $191k against liabilities of $178k, net assets of $13k. It reported 9 employees.