Madison Rotary Foundation Inc

Analysis

Madison Rotary Foundation Inc is a registered charity in United States, based in Madison, CT. It received its IRS tax-exemption ruling in July 1965, 61 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 June 2023, Madison Rotary Foundation Inc reported income of $139k and spending of $137k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $124k to $139k (+12%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Madison Rotary Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within CT. Charities of a similar size with the same main cause include Lions Fourth District Student Speakers Foundation Inc ($139k), USA Hockey Inc ($139k) and Seattle Community College Parent Cooperative Preschool ($139k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $276k against liabilities of $0, net assets of $276k.