McLean Rotary Club Foundation Inc

Analysis

McLean Rotary Club Foundation Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in February 1972, 54 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, McLean Rotary Club Foundation Inc reported income of $85k and spending of $82k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $73k to $85k (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 146%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, McLean Rotary Club Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Litchfield Youth Boosters ($85k), Crown Heights-Edgemere Heights Improvement Inc ($85k) and Union Saint Jean Baptiste Saint Jean Baptiste Educational Foundati ($85k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $962k against liabilities of $21k, net assets of $941k.