Rotary Club of Montpelier Charitable Foundation Inc

Analysis

Rotary Club of Montpelier Charitable Foundation Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rotary Club of Montpelier Charitable Foundation Inc reported income of $81k and spending of $89k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $80k to $81k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rotary Club of Montpelier Charitable Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 22nd percentile within VT. Charities of a similar size with the same main cause include Harmony School of Music Incorporated ($81k), Saratoga Springs Rotary Education Foundation Inc ($81k) and Gallatin Noon Rotary Foundation ($81k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.