Lexington Park Rotary Foundation Inc

Analysis

Lexington Park Rotary Foundation Inc is a registered charity in United States, based in Lexington PK, MD. It received its IRS tax-exemption ruling in June 1982, 44 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lexington Park Rotary Foundation Inc reported income of $143k and spending of $129k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $143k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lexington Park Rotary Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include Maryland State Family Child Care Association Incorporated ($143k), Del Ray Club Inc ($143k) and The Foundation for the Jewish Historical Museum in Amsterdam Inc ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $361k against liabilities of $6,000, net assets of $355k.