Owensboro Rotary Club Foundation Inc

Analysis

Owensboro Rotary Club Foundation Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Owensboro Rotary Club Foundation Inc reported income of $67k and spending of $40k, leaving 39% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $50k to $67k (+34%), an average of +34% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Owensboro Rotary Club Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within KY. Charities of a similar size with the same main cause include Omak Cooperative Preschool ($67k), Meriden Soccer Club Inc ($67k) and Walla Walla Swim Club Endowment Board ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 61% of the total. At year end it held assets of $164k against liabilities of $4, net assets of $164k.