Wichita Rotary Charitable Fund Inc

Analysis

Wichita Rotary Charitable Fund Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in August 1986, 40 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 2023, Wichita Rotary Charitable Fund Inc reported income of $81k and spending of $141k, spending 174% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $153k to $81k (-47%), an average of -19% a year. The sharpest change came in the year to June 2023, when income dropped by 78%. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wichita Rotary Charitable Fund Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within KS. Charities of a similar size with the same main cause include Friends of the Keller Library ($81k), Nursing Acts of Kindness ($81k) and Aerospace Medical Associationfoundation ($81k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.