Rotary Club of Wethersfield Helping Hand Fund

Analysis

Rotary Club of Wethersfield Helping Hand Fund is a registered charity in United States, based in Wethersfield, CT. It received its IRS tax-exemption ruling in March 1963, 63 years ago. 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 May 2024, Rotary Club of Wethersfield Helping Hand Fund reported income of $93k and spending of $103k, spending 111% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $88k to $93k (+5.3%), an average of +1.3% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rotary Club of Wethersfield Helping Hand Fund sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within CT. Charities of a similar size with the same main cause include Lake Toxaway Community Club ($93k), Whit Davis Memorial Center Inc ($93k) and Denton County Crime Stoppers Inc ($93k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 77% of the total. At year end it held assets of $865k against liabilities of $276k, net assets of $589k.