Rotary Club of Mechanicsville Foundation

Analysis

Rotary Club of Mechanicsville Foundation is a registered charity in United States, based in Mechanicsvlle, VA. It received its IRS tax-exemption ruling in January 2010, 16 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 2023, Rotary Club of Mechanicsville Foundation reported income of $97k and spending of $59k, leaving 39% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $65k to $97k (+49%), an average of +49% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rotary Club of Mechanicsville Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include Helping Is Simply Caring ($97k), Catalyst Youth Network ($97k) and Scm&k Enterprises Inc ($97k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.