Gahanna Rotary Foundation

Analysis

Gahanna Rotary Foundation is a registered charity in United States, based in Gahanna, OH. It received its IRS tax-exemption ruling in March 1995, 31 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 June 2023, Gahanna Rotary Foundation reported income of $61k and spending of $86k, spending 142% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $77k to $61k (-21%), an average of -21% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gahanna Rotary Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Greater Houston Community Foundation ($61k), Wyckoff Education Foundation Inc ($61k) and Teach Men to Fish ($61k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 8.5% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.