Rockhouse Foundation

Analysis

Rockhouse Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rockhouse Foundation reported income of $750k and spending of $1.1m, spending 143% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $549k to $750k (+37%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 145%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rockhouse Foundation sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Kentucky Pilots Association Education Foundation Inc ($750k), Secured Inc ($751k) and Foundation for Engineering at Oklahoma State University Inc ($750k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $75k against liabilities of $18k, net assets of $57k.