Rotary Camps & Services of Traverse City
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
Where the income comes from
- Contributions & grants 10%
- Program services 0.5%
- Other 89%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Asian Inc | San Francisco | $4.3m |
| Tennessee Valley Training Center Inc | Decatur | $4.3m |
| Goodwill Industries of Wyoming Inc | Cheyenne | $4.3m |
| Friendship Industries Inc | Rockingham | $4.3m |