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Filing year 2024

ROCKET CITY SCHOLARSHIP GRANTING ORGANIZATION INC

Huntsville, Alabama·EIN 46-4190097·NTEE B82 · Education·501(c)(3)
Total revenue
$1.2M
Total assets
$2.3M
Total expenses
$937k
Reported officers
10
Mission

TO PROVIDE K-12 SCHOLARSHIPS TO ECONOMICALLY DISADVANTAGED FAMILIES IN THE NORTH ALABAMA AREA TO GIVE THEM THE CHANCE TO CHOOSE THE COURSE OF THEIR CHILD'S ACADEMIC FUTURE.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Alabama.

Executive Di
25th percentile to median
$52k
$55k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ROCKET CITY SCHOLARSHIP GRANTING ORGANIZATION INC equaled 6% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
6%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 16%
from 2023

From $45k in 2023 to $52k in 2024.

$45k
2023
$52k
2024
In today's dollarsEst.
Up 12% in real terms$49k to $55k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 16% from 2023 to 2024, while revenue fell 29%.

$45k in 2023 to $52k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ROCKET CITY SCHOLARSHIP GRANTING ORGANIZATION INC

What does the Chief Executive Officer of ROCKET CITY SCHOLARSHIP GRANTING ORGANIZATION INC earn?

In 2024, the Chief Executive Officer of ROCKET CITY SCHOLARSHIP GRANTING ORGANIZATION INC received $52,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Alabama, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ROCKET CITY SCHOLARSHIP GRANTING ORGANIZATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in Alabama, the 2024 pay of the Chief Executive Officer at ROCKET CITY SCHOLARSHIP GRANTING ORGANIZATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at ROCKET CITY SCHOLARSHIP GRANTING ORGANIZATION INC equaled 6% of the organization's total expenses. The median for education organizations is 7%.

What are ROCKET CITY SCHOLARSHIP GRANTING ORGANIZATION INC's revenue and expenses?

In 2024, ROCKET CITY SCHOLARSHIP GRANTING ORGANIZATION INC reported $1.2M in total revenue and $937k in total expenses on its IRS Form 990.

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