Rotary Club of Salisbury Foundation Inc

Analysis

Rotary Club of Salisbury Foundation Inc is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Rotary Club of Salisbury Foundation Inc reported income of $116k and spending of $110k, spending 95% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $60k to $116k (+93%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 118% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Rotary Club of Salisbury Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within MD. Charities of a similar size with the same main cause include Camp Common Ground ($116k), Willard Youth Wrestling ($116k) and Friends of TLC ($116k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 97% of the total. At year end it held assets of $451k against liabilities of $0, net assets of $451k.