Bridgeport Rotary Club Foundationinc

Analysis

Bridgeport Rotary Club Foundationinc is a registered charity in United States, based in Shelton, CT. It received its IRS tax-exemption ruling in December 2007, 19 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Bridgeport Rotary Club Foundationinc reported income of $240k and spending of $493k, spending 205% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income grew from $184k to $240k (+30%), an average of +30% a year. The sharpest change came in the year to June 2020, when income rose by 30%. Over the whole period it spent 232% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bridgeport Rotary Club Foundationinc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within CT. Charities of a similar size with the same main cause include Riverside County Physicians Memorial Foundation ($240k), Crow Wing Power Community TR ($240k) and Sunrise Community Foundation Inc ($240k).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 18% of the total. At year end it held assets of $5.3m against liabilities of $6,000, net assets of $5.3m.