Rotary Club of Tryon Foundation

Analysis

Rotary Club of Tryon Foundation is a registered charity in United States, based in Tryon, NC. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rotary Club of Tryon Foundation reported income of $76k and spending of $180k, spending 236% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $138k to $76k (-45%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 52%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rotary Club of Tryon Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Singh Family Charity Inc ($76k), West Middlesex Volunteer Fire Department ($76k) and Casa Grande Valley Counseling Services Inc ($76k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 42% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k.