Denver Rotary Club Foundation

Analysis

Denver Rotary Club Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 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, Denver Rotary Club Foundation reported income of $182k and spending of $252k, spending 139% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $370k to $182k (-51%), an average of -16% a year. The sharpest change came in the year to June 2022, when income dropped by 58%. 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, Denver Rotary Club Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 48th percentile within CO. Charities of a similar size with the same main cause include Wolfsville Volunteer Fire Company Inc ($182k), Winona Forest Recreation Association Inc ($182k) and National Society of the Daughters of the American Revolution ($182k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $3.9m against liabilities of $2,881, net assets of $3.9m.