Moorestown Rotary Charities Inc

Analysis

Moorestown Rotary Charities Inc is a registered charity in United States, based in Moorestown, NJ. It received its IRS tax-exemption ruling in October 1995, 31 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, Moorestown Rotary Charities Inc reported income of $57k and spending of $42k, leaving 27% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $35k to $57k (+64%), an average of +64% a year. The sharpest change came in the year to June 2024, when income rose by 64%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Moorestown Rotary Charities Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include SPB Hospitality Foundation ($57k), Gateway Area Foundation ($57k) and Share Life United Appeal Fund ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 7.9% of the total. At year end it held assets of $198k against liabilities of $13k, net assets of $185k.