Rock CF Foundation

Analysis

Rock CF Foundation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 2007, 19 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, Rock CF Foundation reported income of $214k and spending of $259k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $166k to $214k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rock CF Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Equaspace ($214k), K2 Challenge ($214k) and Association County Commissioners Ofgeorgia Civic Affairs Foundation ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 8.6% of the total. Other salaries and wages came to $140k. At year end it held assets of $87k against liabilities of $15k, net assets of $72k. It reported 2 employees.