The White Bear Lake Rotary Foundation

Analysis

The White Bear Lake Rotary Foundation is a registered charity in United States, based in Mahtomedi, MN. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The White Bear Lake Rotary Foundation reported income of $119k and spending of $100k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $85k to $119k (+40%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The White Bear Lake Rotary Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include Braxton Miller Foundation ($119k), Friends of Callawassie Island Inc ($119k) and Oneida County Hospital Foundation Inc ($119k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.