The Rockland Country Club Foundation Inc

Analysis

The Rockland Country Club Foundation Inc is a registered charity in United States, based in Sparkill, NY. It received its IRS tax-exemption ruling in September 1986, 40 years ago. 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 June 2023, The Rockland Country Club Foundation Inc reported income of $114k and spending of $117k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $106k to $114k (+8.2%), an average of +2.0% a year. The sharpest change came in the year to June 2021, when income rose by 77%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Rockland Country Club Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Folds of Honor Patriots of Denver ($114k), New Brighton Public Library ($114k) and PTA Texas Congress ($114k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $624k against liabilities of $3,400, net assets of $620k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.