Rotary Club of Des Moines Foundation
Analysis
Rotary Club of Des Moines Foundation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Des Moines Foundation reported income of $153k and spending of $161k, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $277k to $153k (-45%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 78%. Over the whole period it spent 71% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Rotary Club of Des Moines Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IA. Charities of a similar size with the same main cause include Project Compassion Inc ($153k), Pathways to Prosperity Inc ($153k) and US Mexico Canada Strategic Alliance ($153k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $2.4m against liabilities of $1,900, net assets of $2.4m.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Other 42%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project Compassion Inc | LA Mesa | $153k |
| Pathways to Prosperity Inc | N Salt Lake | $153k |
| US Mexico Canada Strategic Alliance | El Paso | $153k |
| Project Allahu Akbar Inc | Wyandanch | $153k |