Wallingford Foundation Sponsored by the Rotary Club of Wallingford

Analysis

Wallingford Foundation Sponsored by the Rotary Club of Wallingford is a registered charity in United States, based in Wallingford, CT. It received its IRS tax-exemption ruling in October 1989, 37 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, Wallingford Foundation Sponsored by the Rotary Club of Wallingford reported income of $109k and spending of $65k, leaving 41% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $85k to $109k (+29%), an average of +5.3% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wallingford Foundation Sponsored by the Rotary Club of Wallingford sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within CT. Charities of a similar size with the same main cause include Kiwanis Club of Riviera Beach Foundation Inc ($109k), Sunrise Residential Inc ($110k) and Chippewa All Sports Booster Club ($109k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.