Rock and Roll for Children Foundation Inc

Analysis

Rock and Roll for Children Foundation Inc is a registered charity in United States, based in Derwood, MD. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 and Roll for Children Foundation Inc reported income of $81k and spending of $57k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $58k to $81k (+39%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rock and Roll for Children Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within MD. Charities of a similar size with the same main cause include Shepherds Hand Community Outreach Center ($81k), Alabama Blues Project ($81k) and Stop & Shop Giant Helping Hands Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 153% of the total. At year end it held assets of $158k against liabilities of $93k, net assets of $65k.