Rotary Club of Palatine Foundation

Analysis

Rotary Club of Palatine Foundation is a registered charity in United States, based in Palatine, IL. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Club of Palatine Foundation reported income of $98k and spending of $93k, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $64k to $98k (+53%), an average of +8.9% a year. The sharpest change came in the year to June 2022, when income rose by 1928%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rotary Club of Palatine Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Drew Michael Taylor Foundation ($98k), Wilma and the Messengers Ministries ($98k) and Project Prakash Foundation ($98k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.