Rotary Club of Charles Town Charitable Foundation

Analysis

Rotary Club of Charles Town Charitable Foundation is a registered charity in United States, based in Charles Town, WV. It received its IRS tax-exemption ruling in July 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 December 2023, Rotary Club of Charles Town Charitable Foundation reported income of $63k and spending of $68k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $67k to $63k (-5.4%), an average of -1.4% a year. The sharpest change came in the year to December 2022, when income rose by 137%. Over the whole period it spent 110% 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 Charles Town Charitable Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within WV. Charities of a similar size with the same main cause include Northeast Montana Health Services Charitable Foundation Inc ($63k), Row Kids Inc ($63k) and Georgia District Kiwanis Foundation Inc ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.