Rotary Foundation of Evansville Inc

Analysis

Rotary Foundation of Evansville Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rotary Foundation of Evansville Inc reported income of $145k and spending of $92k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $231k to $145k (-37%), an average of -11% a year. The sharpest change came in the year to June 2021, when income rose by 268%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rotary Foundation of Evansville Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Africa Orphan Care ($145k), Grant School Community Foundation ($145k) and Knicker Open Charities ($145k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.8m against liabilities of $56k, net assets of $1.8m.