Thiensville-Mequon Rotary Foundation Inc

Analysis

Thiensville-Mequon Rotary Foundation Inc is a registered charity in United States, based in Mequon, WI. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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 January 2024, Thiensville-Mequon Rotary Foundation Inc reported income of $125k and spending of $128k, spending 102% of its income. Across the 5 years on record, from January 2020 to January 2024, income fell from $374k to $125k (-66%), an average of -24% a year. The sharpest change came in the year to January 2021, when income dropped by 213%. Over the whole period it spent 262% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thiensville-Mequon Rotary Foundation Inc 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 43rd percentile, and in the 42nd percentile within WI. Charities of a similar size with the same main cause include Horse Empowered Learning Programs Inc ($125k), American Merchant Marine Veterans Inc ($125k) and PTA California Congress of Parents Teachers & Students Inc ($125k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 81% and program service revenue 2.9% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.