Bedford Rotary Foundation Inc

Analysis

Bedford Rotary Foundation Inc is a registered charity in United States, based in Bedford, MA. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bedford Rotary Foundation Inc reported income of $95k and spending of $90k, spending 95% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $64k to $95k (+48%), an average of +48% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bedford Rotary Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Los Angeles Charitable Association Incorporated ($95k), Lemuel Rhodes Cancer Foundation ($95k) and Vinfen Corporation of Larchmont Inc ($95k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $298k against liabilities of $1,000, net assets of $297k.