Grosse Pointe Rotary Foundation

Analysis

Grosse Pointe Rotary Foundation is a registered charity in United States, based in Grosse Pt SHR, MI. It received its IRS tax-exemption ruling in November 1957, 69 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Grosse Pointe Rotary Foundation reported income of $126k and spending of $46k, leaving 63% of income unspent that year. Across the 3 years on record, from June 2020 to June 2024, income fell from $348k to $126k (-64%), an average of -40% a year. The sharpest change came in the year to June 2024, when income rose by 160%. Over the whole period it spent 53% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Grosse Pointe Rotary Foundation sits at the 40th percentile: it is larger than about 40% 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 Inclusionbridge Inc ($126k), New York State Association for Women in Administration Inc ($126k) and Community Growth Foundation ($126k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% of the total. At year end it held assets of $382k against liabilities of $11k, net assets of $371k.