Roundtable Academy

Analysis

Roundtable Academy is a registered charity in United States, based in City of Industry, CA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Roundtable Academy reported income of $619k and spending of $175k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $619k (-79%), an average of -32% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roundtable Academy sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Believe Foundation ($619k), Glen Ellyn Community Resource Center ($619k) and Santa Barbara Agriculture and Farm Education Foundation ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $12k (6.8% of expenses). Other salaries and wages came to $12k. At year end it held assets of $10.7m against liabilities of $323k, net assets of $10.3m.