Westfield Rotary Club Foundation

Analysis

Westfield Rotary Club Foundation is a registered charity in United States, based in Westfield, NJ. It received its IRS tax-exemption ruling in May 1965, 61 years ago. 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, Westfield Rotary Club Foundation reported income of $208k and spending of $164k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $122k to $208k (+71%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 225%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westfield Rotary Club Foundation sits at the 53rd percentile: it is larger than about 53% 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 Triangle Club Inc ($208k), Hurricane Penguins Swim Club ($208k) and Coral Thrift Shop Inc ($208k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 0.6% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.