Rotary Club of York Maine Charitable Foundation

Analysis

Rotary Club of York Maine Charitable Foundation is a registered charity in United States, based in York, ME. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Rotary Club of York Maine Charitable Foundation reported income of $96k and spending of $67k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $90k to $96k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to June 2023, when income rose by 145%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rotary Club of York Maine Charitable Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 29th percentile within ME. Charities of a similar size with the same main cause include Club 808 ($96k), Waupaca Thrift Ltd ($96k) and Washington State School Retirees Foundation ($96k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $229k against liabilities of $79k, net assets of $150k.