BEducationEIN: 204040597· Ruling Year: 2006

Rocketship Education

Redwood City, California

B+Health Score
66B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 492 peers in Education with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.43×
Peer Median1.96×
💰
$173.9M
Total Revenue
📊
$158.6M
Total Expenses
🏦
$68.2M
Net Assets
📋
$183.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+25.2%
Year-over-year change (2022 → 2023)
Net Margin
+8.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.43
Net assets divided by total expenses
Liabilities-to-Assets
72.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$173,897,71025%$158,613,75416%$251,235,558235%
2022$138,926,10815%$136,945,18926%$74,996,773
2021$120,667,2318%$108,334,421$74,871,48232%
2020$111,342,0992%$107,974,9375%$56,664,13510%
2019$109,048,24710%$102,701,0059%$51,425,46819%
2018$98,757,5798%$94,370,4388%$43,045,01412%
2017$91,449,29110%$87,624,69315%$38,324,63512%
2016$82,957,67131%$76,195,77920%$34,089,35640%
2015$63,358,79523%$63,415,72920%$24,286,36030%
2014$51,673,472210%$52,834,999245%$34,855,538127%
2013$16,657,83127%$15,306,21145%$15,362,47421%
2012$13,092,6501%$10,562,83740%$12,696,4285%
2011$12,922,526$7,545,732$12,127,397

Frequently Asked Questions

What does Rocketship Education do?

Rocketship Education is a education nonprofit organization based in California. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rocketship Education financially healthy?

Based on our 9-metric Financial Health Score model, Rocketship Education has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Rocketship Education generate?

Rocketship Education reports $187.0M in annual revenue and holds $271.4M in total assets, based on IRS filings.

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Rocketship Education — Redwood City, CA | GiveScope