The Roland Center

Analysis

The Roland Center is a registered charity in United States, based in LA Puente, CA. It received its IRS tax-exemption ruling in January 1964, 62 years ago. 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 2023, The Roland Center reported income of $6.5m and spending of $6.8m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $6.5m (+8.1%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Roland Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Boys & Girls Clubs of Central Orange Coast ($6.4m), Inspiration Field ($6.5m) and Fox Valley Family YMCA Inc ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $259k (3.8% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $1.3m against liabilities of $939k, net assets of $396k. It reported 325 employees.