Rockwest Training Company

Analysis

Rockwest Training Company is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in January 1977, 49 years ago. Its declared purposes cover employment, which this site groups under community and economic 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 June 2023, Rockwest Training Company reported income of $1.5m and spending of $1.0m, leaving 31% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.5m (+25%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 276%. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rockwest Training Company sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OR. Charities of a similar size with the same main cause include Bricker-Price Block Restoration Corporation ($1.5m), Salva ($1.5m) and Plumbers & Pipefitters 344 Joint Apprentice & Training Committee ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $81k (8.0% of expenses). Other salaries and wages came to $518k. At year end it held assets of $3.5m against liabilities of $594k, net assets of $2.9m. It reported 50 employees.