Rotary 5950 Foundation

Analysis

Rotary 5950 Foundation is a registered charity in United States, based in Wayzata, MN. It received its IRS tax-exemption ruling in September 2004, 22 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 December 2023, Rotary 5950 Foundation reported income of $93k and spending of $55k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $48k to $93k (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rotary 5950 Foundation sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Pejepscot Housing Inc ($93k), Stratford Old Timers Athletic Assn Inc ($93k) and Sing Tao Buddhist Association Inc ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.