The Way of Rockport Indiana Inc

Analysis

The Way of Rockport Indiana Inc is a registered charity in United States, based in Rockport, IN. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, The Way of Rockport Indiana Inc reported income of $164k and spending of $122k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $164k (+39%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Way of Rockport Indiana Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within IN. Charities of a similar size with the same main cause include Church of the Archangels Foundation Inc ($164k), Hanefesh Haelokit ($164k) and Friends of Koinonia Peru Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $130k against liabilities of $1,218, net assets of $129k.