Mayfield Rotary Foundation Inc

Analysis

Mayfield Rotary Foundation Inc is a registered charity in United States, based in Mayfield, KY. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2022, Mayfield Rotary Foundation Inc reported income of $3.4m and spending of $2.3m, leaving 31% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $325k to $3.4m (+933%), an average of +933% a year. The sharpest change came in the year to December 2022, when income rose by 933%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mayfield Rotary Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KY. Charities of a similar size with the same main cause include Challenger Basic School Inc ($3.4m), Center for Occupational Research and Development Inc ($3.4m) and Torah Ore Seminary ($3.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.