Rotary Club of Forest Foundation Inc

Analysis

Rotary Club of Forest Foundation Inc is a registered charity in United States, based in Forest, VA. It received its IRS tax-exemption ruling in August 2016, 10 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, Rotary Club of Forest Foundation Inc reported income of $77k and spending of $97k, spending 126% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $75k to $77k (+1.7%), an average of +1.7% a year. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rotary Club of Forest Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include Teutopolis Educational Foundation ($77k), Project One Foundation ($77k) and Penobscott County Conservation Inc Trust Fund ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.