Ashland Rotary Foundation

Analysis

Ashland Rotary Foundation is a registered charity in United States, based in Ashland, OR. It received its IRS tax-exemption ruling in December 1972, 54 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ashland Rotary Foundation reported income of $143k and spending of $127k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $82k to $143k (+75%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ashland Rotary Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OR. Charities of a similar size with the same main cause include Friend for Life a Cancer Support Network Inc ($143k), West Virginia Fund for Law in the Public Interest Inc ($143k) and St Martins Endowment Fund ($143k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.