Lafayette Rotary Foundation Inc

Analysis

Lafayette Rotary Foundation Inc is a registered charity in United States, based in W Lafayette, IN. It received its IRS tax-exemption ruling in December 1981, 45 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, Lafayette Rotary Foundation Inc reported income of $155k and spending of $77k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $80k to $155k (+95%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 1461%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lafayette Rotary Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within IN. Charities of a similar size with the same main cause include Army Baseball Family Association ($155k), Santas Helpers Inc ($155k) and Fbi National Academy Associates Inc ($155k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.