Rockland Opportunity Development Assoc Inc

Analysis

Rockland Opportunity Development Assoc Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Rockland Opportunity Development Assoc Inc reported income of $348k and spending of $438k, spending 126% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $328k to $348k (+6.1%), an average of +2.0% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rockland Opportunity Development Assoc Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Hackettstown Business Improvement District Inc ($348k), Mainspring Portland ($348k) and Roots and Wings Inc ($348k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 67% of the total. Other salaries and wages came to $165k. At year end it held assets of $3.4m against liabilities of $907k, net assets of $2.5m. It reported 9 employees.