Rock Health Foundation

Analysis

Rock Health Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, 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 December 2023, Rock Health Foundation reported income of $1.2m and spending of $1.9m, spending 160% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $3.0m to $1.2m (-59%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 72%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rock Health Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Catawba County Economic Development Corporation ($1.2m), Coalition of Community Organizations ($1.2m) and Harrison Center for Career Education ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $533k (27% of expenses). Other salaries and wages came to $508k. At year end it held assets of $2.3m against liabilities of $894k, net assets of $1.4m. It reported 10 employees.

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.