Newberg Rotary Foundation

Analysis

Newberg Rotary Foundation is a registered charity in United States, based in Newberg, OR. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Newberg Rotary Foundation reported income of $179k and spending of $142k, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $52k to $179k (+243%), an average of +51% a year. The sharpest change came in the year to June 2023, when income rose by 117%. Over the whole period it spent 133% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Newberg Rotary Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within OR. Charities of a similar size with the same main cause include Free at Last Properties ($179k), Creative Spirit USA Inc ($179k) and Allegheny Council to Improve Our Neighborhoods-Housing Incorporated ($179k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 7.3% of the total. At year end it held assets of $578k against liabilities of $0, net assets of $578k.