Rockland Community College Association Inc

Analysis

Rockland Community College Association Inc is a registered charity in United States, based in Suffern, NY. It received its IRS tax-exemption ruling in June 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2022, Rockland Community College Association Inc reported income of $932k and spending of $750k, spending 80% of its income. Across the 4 years on record, from May 2019 to May 2022, income fell from $1.4m to $932k (-35%), an average of -13% a year. The sharpest change came in the year to May 2020, when income dropped by 28%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rockland Community College Association Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Blauvelt Free Library Association ($932k), Tuscarawas Valley Schools Trojan Foundation Inc ($932k) and Shalva High School Inc ($932k).

On its Form 990 for the period ending May 2022, revenue came from contributions and grants 22% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $117k (16% of expenses). Other salaries and wages came to $78k. At year end it held assets of $1.3m against liabilities of $951k, net assets of $363k. It reported 2 employees.