Rotary Club of Hagerstown Charitable Foundation Inc

Analysis

Rotary Club of Hagerstown Charitable Foundation Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in January 1981, 45 years ago. 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 2024, Rotary Club of Hagerstown Charitable Foundation Inc reported income of $71k and spending of $64k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $69k to $71k (+2.9%), an average of +2.9% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rotary Club of Hagerstown Charitable Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include PTA Delaware Congress ($71k), Alco-An Club Inc ($71k) and Chouteau County Health Care Foundation ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.9% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.