Medford-Vincentown Rotary Foundation Inc

Analysis

Medford-Vincentown Rotary Foundation Inc is a registered charity in United States, based in Marlton, NJ. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Medford-Vincentown Rotary Foundation Inc reported income of $56k and spending of $68k, spending 121% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $101k to $56k (-45%), an average of -45% a year. The sharpest change came in the year to June 2023, when income dropped by 45%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Medford-Vincentown Rotary Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 29th percentile within NJ. Charities of a similar size with the same main cause include Stanton Community Partners ($56k), SRQ Healing Project Inc ($56k) and Southern Alumni Scholarship Foundation Inc ($56k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $418k against liabilities of $0, net assets of $418k.