Rockland Recovery Homes Inc

Analysis

Rockland Recovery Homes Inc is a registered charity in United States, based in Stony Point, NY. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Rockland Recovery Homes Inc reported income of $162k and spending of $106k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $94k to $162k (+71%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 776%. Over the whole period it spent 29% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rockland Recovery Homes Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Choconut Creek Housing Corporation ($161k), Cottages at Beaufort II Inc ($162k) and Nairobi Housing Inc ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $1.6m against liabilities of $694k, net assets of $915k.