Rotary Club of Novi Foundation Inc

Analysis

Rotary Club of Novi Foundation Inc is a registered charity in United States, based in Novi, MI. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Rotary Club of Novi Foundation Inc reported income of $105k and spending of $66k, leaving 38% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $68k to $105k (+54%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 58% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Rotary Club of Novi Foundation Inc 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 38th percentile, and in the 38th percentile within MI. Charities of a similar size with the same main cause include American Civil Defense Association ($105k), Rakham International Missions Inc ($105k) and Nacer USA ($105k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $232k against liabilities of $0, net assets of $232k.