Rotary Club of Wilmington Services Foundation

Analysis

Rotary Club of Wilmington Services Foundation is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in June 2001, 25 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 2023, Rotary Club of Wilmington Services Foundation reported income of $249k and spending of $15k, leaving 94% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $21k to $249k (+1072%), an average of +1072% a year. The sharpest change came in the year to June 2023, when income rose by 1072%. Over the whole period it spent 13% 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 Wilmington Services 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 53rd percentile within DE. Charities of a similar size with the same main cause include Ted Lindsay Foundation ($248k), Zarlengo Foundation ($249k) and National Court Reporters Foundation ($248k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $423k against liabilities of $786, net assets of $422k.