Rotary of Avon-Canton Inc

Analysis

Rotary of Avon-Canton Inc is a registered charity in United States, based in Avon, CT. It received its IRS tax-exemption ruling in June 2002, 24 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 2023, Rotary of Avon-Canton Inc reported income of $310k and spending of $121k, leaving 61% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $97k to $310k (+221%), an average of +221% a year. The sharpest change came in the year to June 2023, when income rose by 221%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rotary of Avon-Canton Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within CT. Charities of a similar size with the same main cause include Daub 4 Kidz Inc ($310k), Courage Foundation ($310k) and Gull Lake Community Schools Foundation ($310k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $504k against liabilities of $35k, net assets of $470k.