Rochelle Center

Analysis

Rochelle Center is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Rochelle Center reported income of $3.2m and spending of $3.3m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.0m to $3.2m (+6.7%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rochelle Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include The Central Baltimore Partnership Inc ($3.2m), Urban Habitat Program ($3.2m) and Camden Special Services District Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $114k (3.4% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $6.7m against liabilities of $2.6m, net assets of $4.0m. It reported 50 employees.