Richmond Rotary Project Fund

Analysis

Richmond Rotary Project Fund is a registered charity in United States, based in Richmond, IL. It received its IRS tax-exemption ruling in October 1982, 44 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 2024, Richmond Rotary Project Fund reported income of $53k and spending of $54k, spending 102% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $38k to $53k (+38%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richmond Rotary Project Fund sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include PTA North Carolina Congress ($53k), Retreat at Beckleysville Inc ($53k) and State Association of Young Farmers of Texas ($53k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.