Columbus Rotary Foundation Inc

Analysis

Columbus Rotary Foundation Inc is a registered charity in United States, based in Hilliard, OH. It received its IRS tax-exemption ruling in June 1957, 69 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Columbus Rotary Foundation Inc reported income of $283k and spending of $287k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $185k to $283k (+53%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Columbus Rotary Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Berista Inc ($283k), Service 2 Software Inc ($284k) and Lubec Community Outreach Center Inc ($283k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $2.3m against liabilities of $149k, net assets of $2.1m.