Rockland Foundation

Analysis

Rockland Foundation is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in June 1997, 29 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 March 2023, Rockland Foundation reported income of $281k and spending of $159k, leaving 43% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $180k to $281k (+56%), an average of +12% a year. The sharpest change came in the year to March 2023, when income rose by 190%. Over the whole period it spent 151% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rockland Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Partners for Better Futures ($281k), Hamblen County Foundation for Educationalexcellence and ($281k) and Community Kindness Inc ($281k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 20% of the total. Other salaries and wages came to $28k. At year end it held assets of $3.8m against liabilities of $937k, net assets of $2.9m.