Rock Solid Resource Center

Analysis

Rock Solid Resource Center is a registered charity in United States, based in New Boston, TX. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rock Solid Resource Center reported income of $93k and spending of $72k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2018 to December 2023, income grew from $12k to $93k (+659%), an average of +176% a year. The sharpest change came in the year to December 2022, when income rose by 430%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rock Solid Resource Center sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Kostro Foundation ($93k), BSCD Properties Inc ($93k) and LNC Foundation ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $59k against liabilities of $39k, net assets of $20k.