Lexington Rotary Club Endowment Inc

Analysis

Lexington Rotary Club Endowment Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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, Lexington Rotary Club Endowment Inc reported income of $203k and spending of $143k, leaving 30% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $149k to $203k (+37%), an average of +6.4% a year. The sharpest change came in the year to June 2021, when income rose by 229%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lexington Rotary Club Endowment Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within KY. Charities of a similar size with the same main cause include Blossburg Firemens Ambulance Association Inc ($203k), Contra Costa Service Association of Alcoholics Anonymous ($203k) and Harpurs Ferry Student Volunteer Ambulance Service Ltd ($203k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% of the total. At year end it held assets of $1.3m against liabilities of $88k, net assets of $1.3m.