Rotary Club of Rochester Foundation

Analysis

Rotary Club of Rochester Foundation is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in May 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 June 2023, Rotary Club of Rochester Foundation reported income of $76k and spending of $43k, leaving 43% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $65k to $76k (+18%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rotary Club of Rochester Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Community Concert Asociation of Morgan City Inc ($76k), PTA Pennsylvania Congress ($76k) and Seattle Gynecological Society ($76k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $249k against liabilities of $2,400, net assets of $246k.