Youngstown Rotary Foundation Inc

Analysis

Youngstown Rotary Foundation Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 1967, 59 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Youngstown Rotary Foundation Inc reported income of $83k and spending of $60k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $95k to $83k (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2021, when income rose by 94%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Youngstown Rotary Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Standin on the Corner Foundation Inc ($83k), Anti Entropy ($83k) and 100 Women Who Care Madison ($83k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.