Van Wert Rotary Foundation

Analysis

Van Wert Rotary Foundation is a registered charity in United States, based in Van Wert, OH. It received its IRS tax-exemption ruling in October 1988, 38 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 2023, Van Wert Rotary Foundation reported income of $78k and spending of $27k, leaving 65% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $100k to $78k (-22%), an average of -8.0% a year. The sharpest change came in the year to June 2023, when income rose by 754%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Van Wert Rotary Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Friends of the Alger Theater ($78k), Prassion Inc ($78k) and Joseph a Holmes Safety Association ($78k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.