Family Rocs

Analysis

Family Rocs is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Family Rocs reported income of $69k and spending of $67k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $202k to $69k (-66%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Rocs sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within CO. Charities of a similar size with the same main cause include We Get 2 Give ($69k), Community Apartments Corporation of Richmond County ($69k) and Urban Neighborhood Initiative for Families & Youth-Unify ($69k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $37k (56% of expenses). At year end it held assets of $2,651 against liabilities of $279, net assets of $2,372. It reported 1 employees.