Rose Community Foundation

Analysis

Rose Community Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Rose Community Foundation reported income of $42.2m and spending of $37.0m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.0m to $42.2m (+122%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rose Community Foundation sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Tipping Point Community ($41.3m), United Way of Northeast Florida Inc ($42.4m) and Inland Empire Community Foundation ($41.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $1.4m (3.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $386.9m against liabilities of $76.9m, net assets of $310.0m. It reported 32 employees.