Rotary Club of Columbia Patuxent Charitable Trust

Analysis

Rotary Club of Columbia Patuxent Charitable Trust is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in November 1988, 38 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 December 2023, Rotary Club of Columbia Patuxent Charitable Trust reported income of $83k and spending of $85k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $83k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 94% 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 Columbia Patuxent Charitable Trust sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within MD. Charities of a similar size with the same main cause include Sgu Veterans and Families of U S a Inc ($83k), Palm Beach County Intergroup Association ($83k) and Humane Society of Lawton Comanche County ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $315k against liabilities of $0, net assets of $315k.