Rotary Club of Concord Charitable Foundation

Analysis

Rotary Club of Concord Charitable Foundation is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Rotary Club of Concord Charitable Foundation reported income of $157k and spending of $203k, spending 130% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $134k to $157k (+17%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rotary Club of Concord Charitable Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within NH. Charities of a similar size with the same main cause include Journey Road ($157k), Samaritian Inn Foundation Inc ($157k) and Titus Foundation Inc ($157k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.