Rochester Rotary Charitable Trusts Inc

Analysis

Rochester Rotary Charitable Trusts Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in September 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 April 2023, Rochester Rotary Charitable Trusts Inc reported income of $1.2m and spending of $1.6m, spending 134% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $1.4m to $1.2m (-16%), an average of -4.3% a year. The sharpest change came in the year to April 2022, when income rose by 100%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rochester Rotary Charitable Trusts Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Arkansas Coalition of Marshallese Inc ($1.2m), Cloverdale Citrus Fair ($1.2m) and Woodbourne Woods Inc ($1.2m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 32% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $128k (8.0% of expenses). Other salaries and wages came to $522k. At year end it held assets of $10.5m against liabilities of $272k, net assets of $10.3m. It reported 105 employees.