Rotary Club of Georgetown Foundation

Analysis

Rotary Club of Georgetown Foundation is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Georgetown Foundation reported income of $155k and spending of $122k, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $135k to $155k (+15%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rotary Club of Georgetown Foundation sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include International Wheat Genome Sequencing Consortium Inc ($155k), Blount County Eagles Wings Ministries ($155k) and Child Counseling Center and Play Therapy Institute of New Mexico ($155k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 174% of the total. Compensation of current officers, directors and key employees was $10k (8.2% of expenses). At year end it held assets of $242k against liabilities of $110k, net assets of $132k.