Rock Creek Foundation for Mental Health Inc

Analysis

Rock Creek Foundation for Mental Health Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in January 1978, 48 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 June 2023, Rock Creek Foundation for Mental Health Inc reported income of $12.5m and spending of $10.8m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.1m to $12.5m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rock Creek Foundation for Mental Health Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include The Independence Fund Inc ($12.5m), Imperial Beach Community Clinic ($12.5m) and Plains Area Mental Health Inc ($12.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $191k (1.8% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $8.5m against liabilities of $3.5m, net assets of $4.9m. It reported 247 employees.