South Richmond Rotary Club Service Foundation

Analysis

South Richmond Rotary Club Service Foundation is a registered charity in United States, based in N Chesterfld, VA. It received its IRS tax-exemption ruling in March 1956, 70 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 June 2023, South Richmond Rotary Club Service Foundation reported income of $171k and spending of $153k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $123k to $171k (+39%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Richmond Rotary Club Service Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include Eagle Forum of Alabama Education Fund ($171k), Citylit Project Inc ($171k) and Backcountry Communities Thriving ($171k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% of the total. At year end it held assets of $660k against liabilities of $0, net assets of $660k.