Roaring Brook Foundation Inc

Analysis

Roaring Brook Foundation Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in February 1984, 42 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 2022, Roaring Brook Foundation Inc reported income of $74k and spending of $363k, spending 492% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $457k to $74k (-84%), an average of -46% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 158% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roaring Brook Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within KY. Charities of a similar size with the same main cause include Brothers Keeper Ministries ($74k), New Horizons Child Care Ministry Inc ($74k) and Camp Oak Hill Inc ($74k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.