Rotary Club of New Canaan Charitable Foundation Inc

Analysis

Rotary Club of New Canaan Charitable Foundation Inc is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in July 1998, 28 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 2024, Rotary Club of New Canaan Charitable Foundation Inc reported income of $74k and spending of $60k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $76k to $74k (-3.4%), an average of -3.4% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rotary Club of New Canaan Charitable Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within CT. Charities of a similar size with the same main cause include Upper Colorado River Watershed Group ($73k), Students Are Inspired Learners Inc ($74k) and Riverside Band Boosters ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.