Rotary Foundation of Shepherdstown

Analysis

Rotary Foundation of Shepherdstown is a registered charity in United States, based in Shepherdstown, WV. It received its IRS tax-exemption ruling in March 2003, 23 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 2023, Rotary Foundation of Shepherdstown reported income of $59k and spending of $50k, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $34k to $59k (+71%), an average of +71% a year. The sharpest change came in the year to June 2023, when income rose by 71%. Over the whole period it spent 73% 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 Foundation of Shepherdstown sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within WV. Charities of a similar size with the same main cause include Direct Giving Lab ($59k), The Hopewell Valley Education Foundation Inc ($59k) and Pinion Inc ($59k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.