Suburban Rotary Charitable Foundation

Analysis

Suburban Rotary Charitable Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in January 1988, 38 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 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, Suburban Rotary Charitable Foundation reported income of $408k and spending of $113k, leaving 72% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $174k to $408k (+134%), an average of +33% a year. The sharpest change came in the year to June 2021, when income rose by 82%. Over the whole period it spent 41% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Suburban Rotary Charitable Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NE. Charities of a similar size with the same main cause include Churchill Area Regional Transportation ($408k), The Heph Foundation ($408k) and West Lakes Partnership Inc ($408k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $2.3m against liabilities of $77, net assets of $2.3m.