Braintree Rotary Foundation Inc

Analysis

Braintree Rotary Foundation Inc is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Braintree Rotary Foundation Inc reported income of $73k and spending of $93k, spending 127% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $99k to $73k (-26%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Braintree Rotary Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Main Street Leeds ($73k), Richland Community Club Inc ($73k) and Punahou O Mens Club ($73k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.