Fairfield Rotary Club Foundation Inc

Analysis

Fairfield Rotary Club Foundation Inc is a registered charity in United States, based in Fairfield, CT. It received its IRS tax-exemption ruling in April 1966, 60 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Fairfield Rotary Club Foundation Inc reported income of $109k and spending of $85k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $86k to $109k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fairfield Rotary Club Foundation Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within CT. Charities of a similar size with the same main cause include Glendale Rotary Club Foundation ($109k), Steak Club Foundation ($109k) and Ace Mentor Program of America Inc ($109k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $1.1m against liabilities of $55k, net assets of $1.1m.