Wayne Rotary Foundation

Analysis

Wayne Rotary Foundation is a registered charity in United States, based in Wayne, MI. It received its IRS tax-exemption ruling in November 1963, 63 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 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 2024, Wayne Rotary Foundation reported income of $138k and spending of $124k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $62k to $138k (+122%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 315%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wayne Rotary Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within MI. Charities of a similar size with the same main cause include Grayson Land Care ($138k), Plymouth Advancement Association Inc ($138k) and Keating Family Foundation ($138k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% of the total. At year end it held assets of $1000k against liabilities of $0, net assets of $1000k.