Hendersonville Rotary Foundation

Analysis

Hendersonville Rotary Foundation is a registered charity in United States, based in Hendersonvlle, TN. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hendersonville Rotary Foundation reported income of $121k and spending of $43k, leaving 65% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $122k to $121k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to June 2023, when income rose by 121%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hendersonville Rotary Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within TN. Charities of a similar size with the same main cause include Failsafe for Life ($121k), Justice Matters Inc ($121k) and Lifebridge Ministries ($121k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% of the total. At year end it held assets of $360k against liabilities of $0, net assets of $360k.