Rotary Club of Schaumburg-Hoffman Estates Charitable Foundation Inc

Analysis

Rotary Club of Schaumburg-Hoffman Estates Charitable Foundation Inc is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Rotary Club of Schaumburg-Hoffman Estates Charitable Foundation Inc reported income of $297k and spending of $272k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $281k to $297k (+5.8%), an average of +1.4% a year. The sharpest change came in the year to June 2024, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rotary Club of Schaumburg-Hoffman Estates Charitable Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Pencils for Kids Inc ($297k), Xiamen University Education Foundation of North America ($297k) and Hilton Head Island All Sports Booster Club Inc ($297k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.6% of the total. At year end it held assets of $1000k against liabilities of $0, net assets of $1000k.