Dearborn Rotary Foundation

Analysis

Dearborn Rotary Foundation is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in June 1966, 60 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, Dearborn Rotary Foundation reported income of $215k and spending of $261k, spending 122% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $70k to $215k (+206%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 114%. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dearborn Rotary 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 55th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Main Street Delaware Inc ($214k), Friends of Historic Downtown West Branch ($215k) and Serve Incorporated ($214k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.