Rotary Foundation of the Torington Winsted Areas

Analysis

Rotary Foundation of the Torington Winsted Areas is a registered charity in United States, based in Torrington, CT. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rotary Foundation of the Torington Winsted Areas reported income of $51k and spending of $56k, spending 109% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $60k to $51k (-14%), an average of -14% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rotary Foundation of the Torington Winsted Areas sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within CT. Charities of a similar size with the same main cause include Sun Coast Law Enforcement Charities Inc ($51k), Project Megsss Incorporated ($51k) and Misty Valley Mennonite School ($51k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $65k against liabilities of $53k, net assets of $12k.