Rotary Club of Orange Foundation Inc

Analysis

Rotary Club of Orange Foundation Inc is a registered charity in United States, based in Orange, CT. It received its IRS tax-exemption ruling in August 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rotary Club of Orange Foundation Inc reported income of $98k and spending of $93k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $184k to $98k (-47%), an average of -15% a year. The sharpest change came in the year to June 2022, when income rose by 2050%. Over the whole period it spent 29% 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 Orange Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within CT. Charities of a similar size with the same main cause include Raising Spirits Inc ($98k), Britt Worldwide Charities Inc ($98k) and Making Miracles Support Foundation ($98k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $991k against liabilities of $0, net assets of $991k.