Rock the Ocean Foundation

Analysis

Rock the Ocean Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 the Ocean Foundation reported income of $846k and spending of $707k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $461k to $846k (+83%), an average of +16% a year. The sharpest change came in the year to December 2020, when income dropped by 102%. Over the whole period it spent 77% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Rock the Ocean Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Montana Natural History Center Inc ($845k), Tree Fresno ($847k) and West Virginia Botanic Garden Inc ($845k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $156k. At year end it held assets of $580k against liabilities of $422, net assets of $580k. It reported 4 employees.