Rotary Club of Raleigh Foundation

Analysis

Rotary Club of Raleigh Foundation is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in October 1982, 44 years ago. 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 2024, Rotary Club of Raleigh Foundation reported income of $104k and spending of $19k, leaving 82% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $31k to $104k (+233%), an average of +35% a year. The sharpest change came in the year to June 2021, when income rose by 154%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rotary Club of Raleigh Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Benton County Rescue Squad ($104k), Reading Softball LL ($104k) and Rocky Mount Rotary Charitable TR ($104k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% of the total. At year end it held assets of $811k against liabilities of $0, net assets of $811k.