Rotary Club of Northfield

Analysis

Rotary Club of Northfield is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in May 1998, 28 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 (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, Rotary Club of Northfield reported income of $168k and spending of $151k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $152k to $168k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rotary Club of Northfield sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Livin Room ($168k), Peace Islands Institute Pennsylvania ($168k) and Friends of Algiers Village Inc ($168k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.6% and program service revenue 48% of the total. At year end it held assets of $166k against liabilities of $12k, net assets of $154k.