Rollstone Foundation Inc

Analysis

Rollstone Foundation Inc is a registered charity in United States, based in Bayport, NY. It received its IRS tax-exemption ruling in September 2010, 16 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, Rollstone Foundation Inc reported income of $218k and spending of $149k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $118k to $218k (+85%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rollstone Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Partners in Outreach ($218k), Healing Thine Hearts Ministries ($218k) and Idaho Diaper Bank Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.