Roca Inc

Analysis

Roca Inc is a registered charity in United States, based in Chelsea, MA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Roca Inc reported income of $25.1m and spending of $28.4m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.8m to $25.1m (+49%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Roca Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Ideastream ($25.0m), Girl Scouts of Northern California ($25.3m) and Cityserve Network ($24.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $488k (1.7% of expenses). Other salaries and wages came to $15.6m. It paid $153k in professional fundraising fees. At year end it held assets of $25.9m against liabilities of $4.6m, net assets of $21.3m. It reported 491 employees.