Milford Rotary Club Foundation

Analysis

Milford Rotary Club Foundation is a registered charity in United States, based in Milford, NH. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Milford Rotary Club Foundation reported income of $300k and spending of $268k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $300k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Milford Rotary Club Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within NH. Charities of a similar size with the same main cause include Social Venture Partners Boulder County Inc ($300k), Community Coalition ($300k) and Archangels Michale & Gabriel Relief Organization ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.