West Springfield Rotary Club Foundation Inc

Analysis

West Springfield Rotary Club Foundation Inc is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in August 2004, 22 years ago. 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, West Springfield Rotary Club Foundation Inc reported income of $65k and spending of $77k, spending 119% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $47k to $65k (+38%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Springfield Rotary Club Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within VA. Charities of a similar size with the same main cause include Good Home Animal Society ($64k), Fort Zumwalt South High School Bulldogs Booster Club ($65k) and Educational Foundation South Carolina Bankers Association ($64k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $174k against liabilities of $28k, net assets of $146k.