Rockland Housing Action Coalition Inc

Analysis

Rockland Housing Action Coalition Inc is a registered charity in United States, based in New City, NY. It received its IRS tax-exemption ruling in January 1989, 37 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Rockland Housing Action Coalition Inc reported income of $1.8m and spending of $1.7m, spending 92% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $738k to $1.8m (+145%), an average of +35% a year. The sharpest change came in the year to July 2021, when income rose by 118%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rockland Housing Action Coalition Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Community Housing Services ($1.8m), Lakeland Presbyterian Apartments Inc ($1.8m) and Emergency Shelter of Northern Kentucky Inc ($1.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $163k (9.8% of expenses). Other salaries and wages came to $721k. At year end it held assets of $2.3m against liabilities of $805k, net assets of $1.5m. It reported 25 employees.