Rotary Club of Quincy Charitable Foundation Inc

Analysis

Rotary Club of Quincy Charitable Foundation Inc is a registered charity in United States, based in Quincy, MA. It received its IRS tax-exemption ruling in November 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 Quincy Charitable Foundation Inc reported income of $123k and spending of $73k, leaving 40% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $26k to $123k (+380%), an average of +119% a year. The sharpest change came in the year to June 2023, when income rose by 273%. Over the whole period it spent 60% 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 Quincy Charitable Foundation Inc 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 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Catie Hoch Foundation ($122k), Ayudame a Vivir Foundation Inc ($123k) and Hill Country 100 Club Inc ($122k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 53% of the total. At year end it held assets of $310k against liabilities of $0, net assets of $310k.