Rotary Club of Warren Foundation

Analysis

Rotary Club of Warren Foundation is a registered charity in United States, based in Warren, OH. It received its IRS tax-exemption ruling in August 1981, 45 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rotary Club of Warren Foundation reported income of $57k and spending of $62k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $27k to $57k (+113%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rotary Club of Warren Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include Liberty East Redevelopment Inc ($57k), Southeast Washington Economic Development Association ($57k) and Tigerton Main Street Inc ($57k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $309k against liabilities of $0, net assets of $309k.