Columbia Rotary Educational Foundation Inc

Analysis

Columbia Rotary Educational Foundation Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in April 1964, 62 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Columbia Rotary Educational Foundation Inc reported income of $93k and spending of $72k, leaving 23% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $37k to $93k (+149%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 946%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbia Rotary Educational Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 41st percentile within SC. Charities of a similar size with the same main cause include Nonresident Tax Help Group ($93k), Holy Cross Energy Round-Up Foundation ($93k) and Pioneer Drum and Bugle Corps Inc ($93k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% of the total. At year end it held assets of $860k against liabilities of $0, net assets of $860k.