Rotary District 7870 Foundation

Analysis

Rotary District 7870 Foundation is a registered charity in United States, based in Springfield, VT. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Rotary District 7870 Foundation reported income of $62k and spending of $39k, leaving 38% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $244k to $62k (-75%), an average of -50% a year. The sharpest change came in the year to June 2023, when income dropped by 73%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rotary District 7870 Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 16th percentile within VT. Charities of a similar size with the same main cause include Energy Institute High School PTO ($62k), Mt Vernon Pops Football ($62k) and Hfpa Foundation Inc ($62k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% of the total. At year end it held assets of $534k against liabilities of $0, net assets of $534k.