Rockingham Rotary Foundation

Analysis

Rockingham Rotary Foundation is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rockingham Rotary Foundation reported income of $63k and spending of $72k, spending 114% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $75k to $63k (-16%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rockingham Rotary Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within VA. Charities of a similar size with the same main cause include Stafford Band Boosters Assn ($63k), Metea Valley Athletic Booster Club NFP ($63k) and Japanese Language School of Greater Hartford Inc ($63k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.