Rowan Global Inc

Analysis

Rowan Global Inc is a registered charity in United States, based in Glassboro, NJ. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rowan Global Inc reported income of $94k and spending of $249k, spending 266% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $1,030 to $94k (+8990%), an average of +8990% a year. The sharpest change came in the year to June 2023, when income rose by 8990%. Over the whole period it spent 501% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rowan Global Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Thomas Jefferson High School Alumni Association ($94k), Psesd Learning Communities Foundation ($94k) and Parents Preschool of Ellwood City Inc ($94k).

At year end it held assets of $4.1m against liabilities of $5.0m, net assets of -$918k.