Rotary Club of Lake Minnetonka - Excelsior

Analysis

Rotary Club of Lake Minnetonka - Excelsior is a registered charity in United States, based in Excelsior, MN. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Club of Lake Minnetonka - Excelsior reported income of $395k and spending of $340k, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $295k to $395k (+34%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rotary Club of Lake Minnetonka - Excelsior sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include School of Lexia ($395k), Knox Classical Academy ($396k) and Stepping Higher Inc ($395k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 0.0% of the total. At year end it held assets of $374k against liabilities of $73k, net assets of $301k. It reported 18 employees.