Trumbull Rotary Foundation

Analysis

Trumbull Rotary Foundation is a registered charity in United States, based in Trumbull, CT. It received its IRS tax-exemption ruling in January 2011, 15 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 (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, Trumbull Rotary Foundation reported income of $203k and spending of $92k, leaving 55% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $91k to $203k (+125%), an average of +125% a year. The sharpest change came in the year to June 2023, when income rose by 125%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Trumbull Rotary Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within CT. Charities of a similar size with the same main cause include Chatfield Firefighters Activities Association Inc ($203k), Kitsap County Stampede Top Hands ($203k) and The Meriden-Wallingford Community F Foundation Inc ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $211k against liabilities of $66k, net assets of $145k.