Canfield Rotary Association

Analysis

Canfield Rotary Association is a registered charity in United States, based in Canfield, OH. It received its IRS tax-exemption ruling in April 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Canfield Rotary Association reported income of $114k and spending of $129k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $23k to $114k (+400%), an average of +400% a year. The sharpest change came in the year to December 2023, when income rose by 400%. Over the whole period it spent 118% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Canfield Rotary Association sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include B the Light ($114k), Michael and Anita Siegal Family Foundation ($114k) and Scranton Chapter Unico National ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.