Camden Rotary Club Foundation

Analysis

Camden Rotary Club Foundation is a registered charity in United States, based in Camden, ME. It received its IRS tax-exemption ruling in September 1971, 55 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, Camden Rotary Club Foundation reported income of $118k and spending of $92k, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $108k to $118k (+9.3%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Camden Rotary Club Foundation sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 35th percentile within ME. Charities of a similar size with the same main cause include Its Your Birthday Inc ($118k), Harry Hammerly Estate Trust Janie Hammerly Memorial Fund ($118k) and Nevada Veterans Coalition ($118k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $599k against liabilities of $0, net assets of $599k.