Rooc Inc

Analysis

Rooc Inc is a registered charity in United States, based in Roscommon, MI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2024, Rooc Inc reported income of $1.1m and spending of $947k, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.1m (+3.3%), an average of +0.8% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rooc Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Lo Nyamship Association USA Inc ($1.1m), Freedom Academy Inc ($1.1m) and Ocdc Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.9% and program service revenue 92% of the total. Other salaries and wages came to $450k. At year end it held assets of $721k against liabilities of $54k, net assets of $667k. It reported 41 employees.