Roennes School Inc
Analysis
Roennes School Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1975, 51 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 December 2023, Roennes School Inc reported income of $462k and spending of $598k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $462k (+84%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 106% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Roennes School Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Community Christian Academy Inc ($462k), Literacy Volunteers of Charlottesville-Albemarle ($462k) and Pt Education Inc ($462k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $172k. At year end it held assets of $116k against liabilities of $64k, net assets of $52k. It reported 13 employees.
Income and spending
Where the income comes from
- Program services 99%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Christian Academy Inc | Hempstead | $462k |
| Literacy Volunteers of Charlottesville-Albemarle | Charlottesvle | $462k |
| Pt Education Inc | Upland | $462k |
| Extraordinary Education Familylearning Center | Magnolia | $462k |