Muskegon Rotary Foundation

Analysis

Muskegon Rotary Foundation is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in September 1957, 69 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, Muskegon Rotary Foundation reported income of $144k and spending of $121k, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $169k to $144k (-15%), an average of -5.1% a year. The sharpest change came in the year to June 2022, when income dropped by 108%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Muskegon Rotary Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Road Runners Club of America ($144k), American Friends of Maarava Machon Rubin Inc ($144k) and Living Waters Charismatic Outreach Inc ($144k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $661k against liabilities of $119k, net assets of $542k.