Winchester Rotary Club Charitable Foundation Inc

Analysis

Winchester Rotary Club Charitable Foundation Inc is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Winchester Rotary Club Charitable Foundation Inc reported income of $88k and spending of $115k, spending 130% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $30k to $88k (+197%), an average of +197% a year. The sharpest change came in the year to June 2023, when income rose by 197%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Winchester Rotary Club Charitable Foundation Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Suited to Succeed Inc ($88k), West River Business Center Inc ($88k) and F&l Organizational Support Services Inc ($88k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $81k against liabilities of $2,735, net assets of $79k.