Rock Creek Research and Development Laboratories Inc

Analysis

Rock Creek Research and Development Laboratories Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in June 1977, 49 years ago. 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 Creek Research and Development Laboratories Inc reported income of $436k and spending of $369k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $332k to $436k (+31%), an average of +7.1% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rock Creek Research and Development Laboratories Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KY. Charities of a similar size with the same main cause include Call to Action ($436k), Foundation for Hackettstown Medical Center ($436k) and East Lynne Theater Company ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $91k (25% of expenses). Other salaries and wages came to $145k. At year end it held assets of $1.6m against liabilities of $3,651, net assets of $1.6m. It reported 4 employees.