Rotary/One Foundation Inc

Analysis

Rotary/One Foundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1939, 87 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, Rotary/One Foundation Inc reported income of $211k and spending of $203k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $282k to $211k (-25%), an average of -7.1% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rotary/One Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Black Business Association of Los Angeles ($210k), Grosse Pointe Chamber Foundation ($211k) and Coalition for Fairness in Soho and Noho Inc ($210k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $3.5m against liabilities of $17k, net assets of $3.4m.