The Rock Foundation

Analysis

The Rock Foundation is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, The Rock Foundation reported income of $511k and spending of $485k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $511k (+95%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Rock Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include East Hillsborough Housing Development Incorporated ($510k), Neighborhood Apartments Inc ($511k) and Harlem Restoration Housing Development Fund Corporation ($510k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $122k (25% of expenses). At year end it held assets of $354k against liabilities of $162k, net assets of $192k. It reported 5 employees.