Fidalgo Island Rotary Foundation

Analysis

Fidalgo Island Rotary Foundation is a registered charity in United States, based in Anacortes, WA. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Fidalgo Island Rotary Foundation reported income of $165k and spending of $221k, spending 134% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income grew from $134k to $165k (+23%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 108%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fidalgo Island Rotary Foundation sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include Parker Viking Athletic Booster Club Inc ($165k), Tesoro Choral Boosters ($165k) and Eef Endowment ($165k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 2.5% of the total. At year end it held assets of $354k against liabilities of $0, net assets of $354k.