Rocker Family Foundation Inc

Analysis

Rocker Family Foundation Inc is a registered charity in United States, based in Whippany, NJ. It received its IRS tax-exemption ruling in February 2000, 26 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rocker Family Foundation Inc reported income of $1.8m and spending of $962k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $984k to $1.8m (+78%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 185%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rocker Family Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Pickaway County Community Foundation ($1.8m), Monumental Sports & Entertainment Foundation ($1.8m) and Alexander D Larson Gift Fund 00670000 ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $6.4m against liabilities of $0, net assets of $6.4m.