Concord Rotary Charitable Endowment Inc

Analysis

Concord Rotary Charitable Endowment Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. 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 June 2024, Concord Rotary Charitable Endowment Inc reported income of $303k and spending of $29k, leaving 90% of income unspent that year. Across the 4 years on record, from June 2019 to June 2024, income grew from $115k to $303k (+163%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 532%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Concord Rotary Charitable Endowment Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Bradfield Community Assn ($303k), Empire Area Heritage Group ($303k) and Childhood Cancer Foundation of Southern California Inc ($303k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $744k against liabilities of $0, net assets of $744k.