Rocket Giving Fund

Also known as Rocket Classic

Detroit, MI · EIN 83-0873868 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Rocket Giving Fund reported $11.6 million in revenue and $13.1 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $91.06 went to program services, $8.94 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 95.8% of the total. Revenue fell 26% between 2019 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $13M

Program services$91.06 $12M
Management & general$8.94 $1.2M
Fundraising$0.00 $0

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $12M

Contributions & grants (non-government)$5.29 $620K
Program service revenue$94.71 $11M

Investment income was negative: −$133K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 3,614 covered charities in this category, from their latest filings.
Measure	FY2025	Median
Program services Part IX 25(B) ÷ 25(A)	91.1%	87.2%
Management & general Part IX 25(C) ÷ 25(A)	8.9%	11.4%
Fundraising Part IX 25(D) ÷ 25(A)	0.0%	0.2%
Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h	$0.00	$0.02
Contributions & grants share of revenue Part VIII 1h ÷ 12	5.4%	20.6%
Government grants share of revenue Part VIII 1e ÷ 12	0.0%	2.4%
Program service revenue share Part VIII 2g ÷ 12	95.8%	70.8%
Highest reported compensation Part VII-A, columns D–F	Not reported	$274,992
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	Not reported	1.18%
People paid over $100,000 Part VII, line 2	0	6
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	-2.2	6.9
Independent voting board members Part VI 1a–1b	13 of 13	100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense

$12M expenses · 100.0% of program spending · grants $866K · revenue $11M

Rocket classic - the annual golf tournament is a charitable event designed to raise funds for the corporation's charitable mission. The corporation will manage all planning, preparation, and hosting. The tournament and its related activities will be the main source of fundraising, supported by sponsorships, merchandise sales, and donor contributions made before and during the event

7 filings since 2019

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked

RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.

Filing	Revenue	Expenses	Programs	Net assets	Top pay
FY2025 ⓘ	$12M	$13M	91.1%	−$2.4M	—
FY2024 ⓘ	$13M	$12M	90.3%	−$827K	—
FY2023 ⓘ	$13M	$15M	90.9%	−$1.1M	—
FY2022 (9 mo.) ⓘ	$15M	$13M	90.5%	$311K	—
2021 ⓘ	$13M	$14M	90.8%	−$1.2M	—
2020 ⓘ	$7.9M	$7.5M	92.3%	−$564K	—
2019 ⓘ	$16M	$15M	86.0%	−$782K	—

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means

Voting board members, and how many are independent Part VI, lines 1a–1b13 · 13 independent
Audited financial statements Part XII 2bYes
Conflict-of-interest policy Part VI 12aYes
Whistleblower policy Part VI 13No
Document retention policy Part VI 14No
Independent process for top executive pay Part VI 15aNo
Board given the 990 before filing Part VI 11aNo
Family or business ties among insiders Part VI 2Yes
Aware of a significant diversion of assets Part VI 5No
Excess benefit transaction with an insider Part IV 25aNo
Loans to or from insiders outstanding Part IV 26Yes
Lobbying, or a 501(h) election in effect Part IV 4No
Over $15,000 of professional fundraising services Part IV 18No
Over $10,000 of activity outside the U.S. Part IV 14bNo
Employees Part I, line 50
Volunteers Part I, line 61,400

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only

INTERSPORT INC Event management services	$3,184,123
INPRODUCTION INC Production and buildout	$1,900,282
DETROIT GOLF CLUB INC Course rental	$973,563
UNITED RENTALS (NA) INC Power and buildout	$718,287
DEAN CHARTERS AND TOURS INC Transportation services	$415,033

Individuals listed as contractors are left out. 18 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Rocket Giving Fund totaling $20,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Rocket Giving Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Rocket Giving Fund, you can publish a response that is linked from this page.

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Similar-sized charities in this cause

Young Men's Christian Association of Midland Texas
Midland, TX · revenue $12M · programs 87.1% · FY2025
Disabled Persons Action Organization
Watertown, NY · revenue $12M · programs 91.3% · 2025
Hendrick Hospice Care
Abilene, TX · revenue $12M · programs 75.7% · FY2025
Tennyson Center for Children at Colorado Christian Home
Denver, CO · revenue $12M · programs 76.2% · FY2025
Charleston County Human Services Commission
Charleston, SC · revenue $12M · programs 88.4% · 2024

All human services charities · Largest charities in Michigan

Questions people ask

How much of Rocket Giving Fund's spending goes to programs?

In the fiscal year ending September 30, 2025, Rocket Giving Fund reported that 91.1% of its $13.1 million in expenses went to program services, 8.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

Where does Rocket Giving Fund get its money?

Of $11.6 million in revenue in the fiscal year ending September 30, 2025, 5.4% came from contributions and grants and 95.8% from program service revenue (Form 990, Part VIII).

Is Rocket Giving Fund a registered charity?

The IRS lists EIN 83-0873868 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202610979349300441 · read the filing · XML
FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202532249349301863 · read the filing
FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202402289349302210 · read the filing
FY2022 (9 mo.): Form 990 for the 9-month short period ending September 30, 2022, object 202322299349300127 · read the filing
2021: Form 990 for calendar year 2021, object 202203199349317220 · read the filing
2020: Form 990 for calendar year 2020, object 202113199349306016 · read the filing
2019: Form 990 for calendar year 2019, object 202003219349301500 · read the filing

All filings for EIN 83-0873868: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.