Strongsville Rotary Foundation

Analysis

Strongsville Rotary Foundation is a registered charity in United States, based in Strongsville, OH. It received its IRS tax-exemption ruling in March 1996, 30 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, Strongsville Rotary Foundation reported income of $108k and spending of $82k, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $73k to $108k (+49%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 116%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Strongsville Rotary Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include Center for Child and Family Achievement Inc ($108k), Epasa-Usa Inc ($108k) and Give Back Cincinnati ($108k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.8% and program service revenue 77% of the total. At year end it held assets of $303k against liabilities of $0, net assets of $303k.