Lima Rotary Foundation

Analysis

Lima Rotary Foundation is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in June 1967, 59 years ago. 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, Lima Rotary Foundation reported income of $339k and spending of $339k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $153k to $339k (+121%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 215%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lima Rotary Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Namaste Foundation ($339k), Los Angeles Figure Skating Club Inc ($339k) and Middle Township Ambulance Corps ($339k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $1,000 (0.3% of expenses). At year end it held assets of $774k against liabilities of $0, net assets of $774k.