Lake Stevens Rotary Charitable Foundation

Analysis

Lake Stevens Rotary Charitable Foundation is a registered charity in United States, based in Lake Stevens, WA. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lake Stevens Rotary Charitable Foundation reported income of $66k and spending of $53k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $59k to $66k (+11%), an average of +11% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Stevens Rotary Charitable Foundation sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 21st percentile within WA. Charities of a similar size with the same main cause include Lone Star Education FDN ($66k), Paso Robles Library Foundation ($66k) and National Association of Corporate Directors ($66k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 13% of the total. At year end it held assets of $178k against liabilities of $1,811, net assets of $176k.