St Joseph-Benton Harbor Rotaryclub Foundation Inc

Analysis

St Joseph-Benton Harbor Rotaryclub Foundation Inc is a registered charity in United States, based in St Joseph, MI. It received its IRS tax-exemption ruling in February 1981, 45 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, St Joseph-Benton Harbor Rotaryclub Foundation Inc reported income of $128k and spending of $84k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $38k to $128k (+239%), an average of +36% a year. The sharpest change came in the year to June 2021, when income rose by 195%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Joseph-Benton Harbor Rotaryclub Foundation Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MI. Charities of a similar size with the same main cause include Family Friends Inc ($128k), Foreign Language Association of North Carolina ($128k) and Outdoor Heritage Foundation of Vermilion County Illinois ($128k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% of the total. Other salaries and wages came to $1,600. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.