Rodel Institute

Analysis

Rodel Institute is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Rodel Institute reported income of $2.4m and spending of $2.9m, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.5m to $2.4m (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rodel Institute 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 87th percentile, and in the 85th percentile within AZ. Charities of a similar size with the same main cause include Childrens Institute Foundation ($2.4m), United Way of Hudson County ($2.4m) and Light Up Hope Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $767k (27% of expenses). Other salaries and wages came to $358k. At year end it held assets of $510k against liabilities of $9,601, net assets of $500k. It reported 7 employees.