Skaneateles Rotary Foundation Inc

Analysis

Skaneateles Rotary Foundation Inc is a registered charity in United States, based in Skaneateles, NY. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Skaneateles Rotary Foundation Inc reported income of $66k and spending of $34k, leaving 47% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $37k to $66k (+78%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 136%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Skaneateles Rotary Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include James Madison High School Alumni Association Inc ($66k), Menliving ($66k) and Sartell-St Stephen Prek-5 Parent Teacher Organization ($66k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.