Rotary Club of Lancaster Foundation

Analysis

Rotary Club of Lancaster Foundation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Rotary Club of Lancaster Foundation reported income of $68k and spending of $102k, spending 150% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $76k to $68k (-11%), an average of -2.9% a year. The sharpest change came in the year to June 2021, when income rose by 202%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rotary Club of Lancaster Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include Laiba Memorial Welfare Organization ($68k), Milton-Freewater Downtown Alliance ($68k) and Hartsville Community Development Foundation ($68k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $842k against liabilities of $1,706, net assets of $840k.