Rotary Club of Buffalo Grove Charitable Foundation

Analysis

Rotary Club of Buffalo Grove Charitable Foundation is a registered charity in United States, based in Buffalo Grove, IL. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rotary Club of Buffalo Grove Charitable Foundation reported income of $131k and spending of $134k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $114k to $131k (+15%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rotary Club of Buffalo Grove Charitable Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Pioneer Spirit Foundation ($131k), Project Tribute Foundation ($131k) and Mi Sangre Foundation Corporation ($131k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 56% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.