Rosati-Kain Academy

Analysis

Rosati-Kain Academy is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 2023, 3 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 2024, Rosati-Kain Academy reported income of $4.3m and spending of $2.9m, leaving 33% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $268k to $4.3m (+1518%), an average of +1518% a year. The sharpest change came in the year to June 2024, when income rose by 1518%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rosati-Kain Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MO. Charities of a similar size with the same main cause include Purpose Foundation ($4.3m), Trust for Americas Health ($4.3m) and Oostburg Christian School Association ($4.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $109k (3.8% of expenses). Other salaries and wages came to $1.4m. It paid $116k in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $1,715, net assets of $1.7m. It reported 30 employees.