Lansing Rotary Foundation

Analysis

Lansing Rotary Foundation is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in January 1979, 47 years ago. 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, Lansing Rotary Foundation reported income of $209k and spending of $252k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $129k to $209k (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 151%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lansing Rotary Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Chamber Music in Napa Valley Inc ($209k), Montecito Trails Foundation ($209k) and Senior Assistance Center ($209k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $608k against liabilities of $0, net assets of $608k.