The Rotary Foundation of Rotary International
Analysis
The Rotary Foundation of Rotary International is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2020, The Rotary Foundation of Rotary International reported income of $376.4m and spending of $374.5m, spending 99% of its income. Across the 2 years on record, from June 2019 to June 2020, income grew from $363.7m to $376.4m (+3.5%), an average of +3.5% a year. Over the whole period it spent 98% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Rotary Foundation of Rotary International sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within IL. Charities of a similar size with the same main cause include Catholic Medical Mission Board Inc ($364.1m), American Jewish Joint Distribution Committee Inc ($409.8m) and World Resources Institute ($357.8m).
On its Form 990 for the period ending June 2020, revenue came from contributions and grants 90% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $1.4m (0.4% of expenses). Other salaries and wages came to $26.2m. It paid $217k in professional fundraising fees. At year end it held assets of $1.26bn against liabilities of $137.6m, net assets of $1.13bn. It reported 282 employees.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Program services 0.0%
- Other 10.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Catholic Medical Mission Board Inc | New York | $364.1m |
| American Jewish Joint Distribution Committee Inc | New York | $409.8m |
| World Resources Institute | Washington | $357.8m |
| Heart to Heart International Inc | Lenexa | $410.1m |