Walworth Fontana Rotary Foundation Inc

Analysis

Walworth Fontana Rotary Foundation Inc is a registered charity in United States, based in Walworth, WI. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Walworth Fontana Rotary Foundation Inc reported income of $111k and spending of $103k, spending 92% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $126k to $111k (-12%), an average of -4.0% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Walworth Fontana Rotary Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within WI. Charities of a similar size with the same main cause include MLK Health and Wellness Community Development Corporation ($111k), Saveunited Org ($111k) and Integrity Foundation Inc ($111k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.8% and program service revenue 26% of the total. At year end it held assets of $124k against liabilities of $18k, net assets of $106k.