Rocky Mountain Care-Holladay Inc

Analysis

Rocky Mountain Care-Holladay Inc is a registered charity in United States, based in Woods Cross, UT. It received its IRS tax-exemption ruling in May 1994, 32 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, Rocky Mountain Care-Holladay Inc reported income of $14.2m and spending of $6.5m, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.8m to $14.2m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rocky Mountain Care-Holladay Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within UT. Charities of a similar size with the same main cause include Miami Rescue Mission Broward Outreach Centers Inc ($14.2m), Hollywood Community Housing Corporation ($14.2m) and One-Eighty Place ($14.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $11k (0.2% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $14.9m against liabilities of $5.8m, net assets of $9.0m. It reported 197 employees.