Glens Falls Rotary Club Foundation Inc

Analysis

Glens Falls Rotary Club Foundation Inc is a registered charity in United States, based in Glens Falls, NY. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Glens Falls Rotary Club Foundation Inc reported income of $51k and spending of $62k, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $50k to $51k (+0.2%), an average of +0.1% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Glens Falls Rotary Club Foundation Inc sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include CW Ministries Inc ($51k), Empowered Girls ($51k) and Youth Ethics and Skills Center ($51k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.