Friends of Rockland Inc

Analysis

Friends of Rockland Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in December 2001, 25 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 2023, Friends of Rockland Inc reported income of $1.3m and spending of $889k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $246k to $1.3m (+413%), an average of +72% a year. The sharpest change came in the year to December 2020, when income rose by 148%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Rockland Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Nysd Housing Development Fund Company Inc ($1.3m), Organic Soup Kitchen ($1.3m) and Life Changes Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. At year end it held assets of $910k against liabilities of $243k, net assets of $668k.