Plymouth Rotary Foundation Inc

Analysis

Plymouth Rotary Foundation Inc is a registered charity in United States, based in Plymouth, MI. It received its IRS tax-exemption ruling in December 1965, 61 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, Plymouth Rotary Foundation Inc reported income of $117k and spending of $165k, spending 141% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $149k to $117k (-21%), an average of -4.7% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Plymouth Rotary Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Phoenix Rehabilitation Consulting Services Inc ($117k), Noir Black Chamber of Commerce Inc ($117k) and Glider ($117k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% of the total. At year end it held assets of $1.8m against liabilities of $57k, net assets of $1.7m.