Billings Rotary Foundation

Analysis

Billings Rotary Foundation is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in July 2006, 20 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 June 2024, Billings Rotary Foundation reported income of $86k and spending of $39k, leaving 54% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $71k to $86k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Billings Rotary Foundation sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within MT. Charities of a similar size with the same main cause include Charger Pride Scholarship Foundation Inc ($86k), Italian-American Charity Golf Assoc Inc ($86k) and Veritas Foundation ($86k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% of the total. At year end it held assets of $853k against liabilities of $500, net assets of $853k.