Madison Rotary Club Foundation Inc

Analysis

Madison Rotary Club Foundation Inc is a registered charity in United States, based in Madison, NJ. It received its IRS tax-exemption ruling in June 1995, 31 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 2024, Madison Rotary Club Foundation Inc reported income of $212k and spending of $201k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $49k to $212k (+337%), an average of +64% a year. The sharpest change came in the year to June 2023, when income rose by 88%. 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, Madison Rotary Club Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Rewritten ($212k), Severance Alumni Association Inc ($213k) and Ludington Area Catholic Education Foundation ($212k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 74% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.