St Cloud Rotary Foundation Inc

Analysis

St Cloud Rotary Foundation Inc is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in March 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Cloud Rotary Foundation Inc reported income of $185k and spending of $148k, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $278k to $185k (-34%), an average of -9.7% a year. The sharpest change came in the year to June 2020, when income rose by 115%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Cloud Rotary Foundation 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 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Keystone Athletic Booster Club ($185k), Aim for Life Inc ($185k) and Goodnews Messengers Inc ($184k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.