Rosecrance Inc

Analysis

Rosecrance Inc is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in December 1944, 82 years ago. 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 June 2023, Rosecrance Inc reported income of $78.0m and spending of $77.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $64.8m to $78.0m (+20%), an average of +4.8% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rosecrance Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Accesslex Institute ($77.9m), Adapt ($78.2m) and International Centre for Diarrhoeal Disease Research Bangladesh ($77.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. Other salaries and wages came to $32.9m. At year end it held assets of $84.4m against liabilities of $23.0m, net assets of $61.4m. It reported 958 employees.