Framingham Rotary Charitable Foundation Inc

Analysis

Framingham Rotary Charitable Foundation Inc is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Framingham Rotary Charitable Foundation Inc reported income of $68k and spending of $59k, spending 88% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $66k to $68k (+3.4%), an average of +3.4% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Framingham Rotary Charitable Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within MA. Charities of a similar size with the same main cause include St Vincent Ferrer Conf Valleio Ca ($68k), Youth on Target Inc ($68k) and My Little Busy Bees Daycare NFP ($68k).

At year end it held assets of $53k against liabilities of $0, net assets of $53k.