Rotary Club of Lake Norman Huntersville Inc

Analysis

Rotary Club of Lake Norman Huntersville Inc is a registered charity in United States, based in Huntersville, NC. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Rotary Club of Lake Norman Huntersville Inc reported income of $308k and spending of $166k, leaving 46% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $251k to $308k (+23%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rotary Club of Lake Norman Huntersville Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Learning on the Log LLC ($308k), Casa de Paz ($308k) and Phe Be Foundation ($308k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 3.2% of the total. At year end it held assets of $211k against liabilities of $0, net assets of $211k.