Rotary Club of Wellington Foundation Inc

Analysis

Rotary Club of Wellington Foundation Inc is a registered charity in United States, based in Loxahatchee, FL. It received its IRS tax-exemption ruling in May 2012, 14 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 2024, Rotary Club of Wellington Foundation Inc reported income of $109k and spending of $72k, leaving 34% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $86k to $109k (+28%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 28%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rotary Club of Wellington Foundation Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Technical Exchange for Christian Health Care ($109k), Bethany Home Foundation ($109k) and Athens Clarke County Charity Drive Committee ($109k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 44% of the total. At year end it held assets of $82k against liabilities of $27k, net assets of $55k.