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Rotary Camps & Services of Traverse City

RegisteredEIN 38-2009127Traverse City, MICommunity and economic development
Income$4.3m2024-06
Spending$457ksame year
Spent / received31%6-year average
Size in its cause91st pctCommunity and economic development
Exempt since1985Supporting organisation
Employees3latest return

Analysis

Rotary Camps & Services of Traverse City is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2024, Rotary Camps & Services of Traverse City reported income of $4.3m and spending of $457k, leaving 89% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $677k to $4.3m (+534%), an average of +45% a year. The sharpest change came in the year to June 2020, when income rose by 251%. Over the whole period it spent 31% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rotary Camps & Services of Traverse City sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Asian Inc ($4.3m), Tennessee Valley Training Center Inc ($4.3m) and Goodwill Industries of Wyoming Inc ($4.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $19k (4.1% of expenses). At year end it held assets of $13.0m against liabilities of $100k, net assets of $12.9m. It reported 3 employees.

Income and spending

$0$1.1m$2.1m$3.2m$4.3m2019 Income: $676,6232019 Spending: $754,63120192020 Income: $2,376,7762020 Spending: $573,01920202021 Income: $1,373,0272021 Spending: $478,51420212022 Income: $1,745,5962022 Spending: $598,79620222023 Income: $2,405,8672023 Spending: $1,136,50120232024 Income: $4,290,8932024 Spending: $456,8422024
IncomeSpending

Where the income comes from

  • Contributions & grants 10%
  • Program services 0.5%
  • Other 89%

Similar-sized charities, same cause

CharityLocationIncome
Asian IncSan Francisco$4.3m
Tennessee Valley Training Center IncDecatur$4.3m
Goodwill Industries of Wyoming IncCheyenne$4.3m
Friendship Industries IncRockingham$4.3m