Kewanee Rotary Foundation Inc

Analysis

Kewanee Rotary Foundation Inc is a registered charity in United States, based in Kewanee, IL. It received its IRS tax-exemption ruling in August 1987, 39 years ago. 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, Kewanee Rotary Foundation Inc reported income of $97k and spending of $56k, leaving 42% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $185k to $97k (-47%), an average of -27% a year. The sharpest change came in the year to June 2023, when income dropped by 36%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kewanee Rotary Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Friends of the Bishops House Inc ($97k), Woodstock Christmas Clearing House ($97k) and Greenwood Soup Kitchen Ministries Inc ($97k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $676k against liabilities of $200, net assets of $676k.