Rocket Giving Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 1,855,542 | −1,855,542 | -12.0 | 0% |
| 2019 | 15,661,752 | 14,588,588 | 1,073,164 | -0.6 | 0% |
| 2020 | 7,910,910 | 7,539,545 | 371,365 | -0.9 | 0% |
| 2021 | 13,264,068 | 13,809,808 | −545,740 | -1.0 | 0% |
| 2022 | 14,851,439 | 13,350,664 | 1,500,775 | 0.3 | 0% |
| 2023 | 13,343,306 | 14,749,530 | −1,406,224 | -0.9 | 0% |
In its most recent public year (2023), this organization spent $1,406,224 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.9 months), up from -12 in 2018. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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