Stamford Rotary Trust Fund

Analysis

Stamford Rotary Trust Fund is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in August 1962, 64 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Stamford Rotary Trust Fund reported income of $589k and spending of $477k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $294k to $589k (+100%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stamford Rotary Trust Fund sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CT. Charities of a similar size with the same main cause include Cayuga Economic Development Agency Inc ($589k), Ancient Accepted Scottish Rite Valley of Cleveland Foundation ($589k) and Lehigh Valley Inter-Regional Networking & Connecting ($589k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.