Rocket City Scholarship Granting Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 926,619 | 708,554 | 218,065 | 18.0 | 6% |
| 2022 | 1,826,914 | 1,292,785 | 534,129 | 14.8 | 3% |
| 2023 | 768,281 | 938,060 | −169,779 | 18.3 | 5% |
| 2024 | 1,711,657 | 1,139,518 | 572,139 | 21.1 | 4% |
In its most recent public year (2024), this organization brought in $572,139 more than it spent. Its reserves stood at about 21.1 months of spending, up from 18 in 2021. Staff pay was 4% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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