Rotary of Annapolis Foundation Inc

Analysis

Rotary of Annapolis Foundation Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in March 1996, 30 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 2024, Rotary of Annapolis Foundation Inc reported income of $183k and spending of $209k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $208k to $183k (-12%), an average of -3.0% a year. The sharpest change came in the year to June 2024, when income rose by 36%. Over the whole period it spent 82% 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 of Annapolis Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MD. Charities of a similar size with the same main cause include Aim Ministries Inc ($183k), Mudd-Nick Foundation ($183k) and Communities for Children Inc ($183k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.2m against liabilities of $60k, net assets of $1.2m.