Rockland Housing Foundation Inc

Analysis

Rockland Housing Foundation Inc is a registered charity in United States, based in Rockland, MA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Rockland Housing Foundation Inc reported income of $107k and spending of $55k, leaving 49% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $291k to $107k (-63%), an average of -28% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 46% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rockland Housing Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Licking Arc Apartments Inc ($107k), Mountain Valley Haven II ($107k) and Childrens Aid Society ($107k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 79% of the total. At year end it held assets of $433k against liabilities of $0, net assets of $433k.