South Bend Rotary Charitable Foundation Inc

Analysis

South Bend Rotary Charitable Foundation Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in February 1987, 39 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, South Bend Rotary Charitable Foundation Inc reported income of $67k and spending of $99k, spending 148% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $89k to $67k (-25%), an average of -5.6% a year. The sharpest change came in the year to June 2022, when income rose by 83%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, South Bend Rotary Charitable Foundation Inc 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 26th percentile, and in the 23rd percentile within IN. Charities of a similar size with the same main cause include Ruthies Inc ($67k), Conifer Rotary Foundation ($67k) and Mary Durstine McArtor Reynolds Memorial Giving Fund Inc ($67k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% of the total. At year end it held assets of $1.2m against liabilities of $66k, net assets of $1.2m.