Rockin the Yard Inc

Analysis

Rockin the Yard Inc is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Rockin the Yard Inc reported income of $189k and spending of $177k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $189k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rockin the Yard Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Instituto Mazatlan Bellas Artes de Sacramento ($189k), African American Heritage Trail of Marthas Vineyard Inc ($189k) and Florida Surf Film Festival LLC ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 68% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.