Rockland Council on Alcoholism Inc

Analysis

Rockland Council on Alcoholism Inc is a registered charity in United States, based in Nanuet, NY. It received its IRS tax-exemption ruling in July 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rockland Council on Alcoholism Inc reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $908k to $1.2m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rockland Council on Alcoholism Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include United Way of Alamance County Inc ($1.2m), Henderson County Young Mens Christian Association ($1.2m) and Association of Chamber of Commerce Executives Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $110k (9.0% of expenses). Other salaries and wages came to $497k. At year end it held assets of $1.3m against liabilities of $895k, net assets of $383k.