Rotary Club of Cadillac Foundation

Analysis

Rotary Club of Cadillac Foundation is a registered charity in United States, based in Cadillac, MI. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Rotary Club of Cadillac Foundation reported income of $93k and spending of $100k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $59k to $93k (+58%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 73%. Over the whole period it spent 140% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rotary Club of Cadillac Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within MI. Charities of a similar size with the same main cause include Little League Baseball Inc ($93k), Denton County Crime Stoppers Inc ($93k) and Allmons All About Animals Inc ($93k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.