Rotary Club of Ames Foundation

Analysis

Rotary Club of Ames Foundation is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Rotary Club of Ames Foundation reported income of $154k and spending of $14k, leaving 91% of income unspent that year. Across the 3 years on record, from June 2020 to June 2024, income grew from $101k to $154k (+52%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 92%. Over the whole period it spent 136% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rotary Club of Ames Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IA. Charities of a similar size with the same main cause include Tri-Cities Sunrise Rotary Charity ($154k), Devlin Foundation Inc ($154k) and Deer Hill Foundation ($154k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $306k against liabilities of $0, net assets of $306k.