Cleveland Rotary Foundation

Analysis

Cleveland Rotary Foundation is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in June 2001, 25 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 December 2023, Cleveland Rotary Foundation reported income of $51k and spending of $33k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $51k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cleveland Rotary Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Zichron Avrohom Yosef Foundation ($51k), Mayors Community Charity Ball ($51k) and Family Security Plan Foundation Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $369k against liabilities of $0, net assets of $369k.