Rock Valley Residential Housing Inc

Analysis

Rock Valley Residential Housing Inc is a registered charity in United States, based in Rock Valley, IA. It received its IRS tax-exemption ruling in January 1984, 42 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 July 2023, Rock Valley Residential Housing Inc reported income of $152k and spending of $119k, leaving 22% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income fell from $212k to $152k (-28%), an average of -10% a year. The sharpest change came in the year to July 2023, when income dropped by 25%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rock Valley Residential Housing Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IA. Charities of a similar size with the same main cause include Corona National Little League Inc ($152k), Les Cheneaux Historical Association ($152k) and Friends of the St Charles City County Library ($152k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 26% and program service revenue 71% of the total. At year end it held assets of $357k against liabilities of $93k, net assets of $265k.