Rockley Family Foundation Inc

Analysis

Rockley Family Foundation Inc is a registered charity in United States, based in Golden, CO. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rockley Family Foundation Inc reported income of $7.3m and spending of $7.4m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.9m to $7.3m (+5.0%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rockley Family Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Colorado Springs School ($7.3m), Rainier Scholars ($7.3m) and Tylers Place Az Inc ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% of the total. Compensation of current officers, directors and key employees was $1.2m (16% of expenses). Other salaries and wages came to $48k. At year end it held assets of $921k against liabilities of $927k, net assets of -$5,798. It reported 9 employees.