Nashua N H Rotary Charity Fund Inc

Analysis

Nashua N H Rotary Charity Fund Inc is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in January 1966, 60 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Nashua N H Rotary Charity Fund Inc reported income of $330k and spending of $71k, leaving 79% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $95k to $330k (+249%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 499%. Over the whole period it spent 37% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nashua N H Rotary Charity Fund Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within NH. Charities of a similar size with the same main cause include Business Education Partnership Foundation ($329k), Pennsylvania State Association of County Fairs ($330k) and The Literacy Project Foundation ($329k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.2% of the total. At year end it held assets of $1.8m against liabilities of $60k, net assets of $1.7m.