Rotary Charities Inc

Analysis

Rotary Charities Inc is a registered charity in United States, based in Taylors, SC. It received its IRS tax-exemption ruling in May 1962, 64 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rotary Charities Inc reported income of $52k and spending of $66k, spending 127% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income fell from $162k to $52k (-68%), an average of -43% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rotary Charities 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 20th percentile, and in the 26th percentile within SC. Charities of a similar size with the same main cause include Southmoore Theatre Foundation ($52k), Fox Chapel Area Cheerleading Association Boosters ($52k) and Friends & Alumni Association of Palmetto High School ($52k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $469k against liabilities of $252k, net assets of $218k.