Rockefeller Philanthropy Advisors Inc

Analysis

Rockefeller Philanthropy Advisors Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rockefeller Philanthropy Advisors Inc reported income of $644.9m and spending of $684.5m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $356.0m to $644.9m (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rockefeller Philanthropy Advisors Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Donors Fund Inc ($629.0m), George Kaiser Family Foundation ($736.2m) and The Blackbaud Giving Fund ($589.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $3.6m (0.5% of expenses). Other salaries and wages came to $86.1m. It paid $2.1m in professional fundraising fees. At year end it held assets of $911.8m against liabilities of $191.4m, net assets of $720.4m. It reported 620 employees.