Chardon Rotary Foundation

Analysis

Chardon Rotary Foundation is a registered charity in United States, based in Chardon, OH. It received its IRS tax-exemption ruling in October 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Chardon Rotary Foundation reported income of $250k and spending of $209k, spending 83% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $99k to $250k (+152%), an average of +59% a year. The sharpest change came in the year to June 2024, when income rose by 129%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chardon Rotary Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Center in the Square Endowment Foundation ($250k), Harvard Business School Club of Cleveland Fund ($250k) and Zichron Chaim Yechezkel Inc ($250k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. It paid $150k in professional fundraising fees. At year end it held assets of $81k against liabilities of $0, net assets of $81k.