Rotary Foundation of Indianapolis Inc

Analysis

Rotary Foundation of Indianapolis Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 1953, 73 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rotary Foundation of Indianapolis Inc reported income of $216k and spending of $405k, spending 188% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $159k to $216k (+36%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 408%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rotary Foundation of Indianapolis Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Cavalier County Memorial Hospital Foundation ($216k), Enterprise Futures ($216k) and Women in Training Inc ($215k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m.