Bay Minette Rotary Village Inc

Analysis

Bay Minette Rotary Village Inc is a registered charity in United States, based in Bay Minette, AL. It received its IRS tax-exemption ruling in March 1994, 32 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 December 2023, Bay Minette Rotary Village Inc reported income of $280k and spending of $329k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $280k (+19%), an average of +4.3% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay Minette Rotary Village Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within AL. Charities of a similar size with the same main cause include Love Beyond the Orphanage ($280k), Texas Council of Teachers of English Language Arts ($280k) and Camp Horizon Inc ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. At year end it held assets of $1.6m against liabilities of $48k, net assets of $1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.