Broomfield Rotary Foundation

Analysis

Broomfield Rotary Foundation is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in June 2007, 19 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 (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, Broomfield Rotary Foundation reported income of $108k and spending of $58k, leaving 46% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $89k to $108k (+22%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 76%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Broomfield Rotary Foundation 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 39th percentile, and in the 35th percentile within CO. Charities of a similar size with the same main cause include Maury County Association of School Resource Officers Inc ($108k), Columbus Fire Fighters Charitable Foundation ($108k) and Cooper Young Community Association ($108k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 0.3% of the total. At year end it held assets of $437k against liabilities of $0, net assets of $437k.