Troy Rotary Foundation

Analysis

Troy Rotary Foundation is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Troy Rotary Foundation reported income of $58k and spending of $55k, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $37k to $58k (+56%), an average of +56% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Troy Rotary Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within MI. Charities of a similar size with the same main cause include Chabot School Parents Club ($58k), Bamford Elementary PTO ($58k) and Daly City Public Library Associates ($58k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. At year end it held assets of $54k against liabilities of $20k, net assets of $34k.