Rotary Fund of Louisville Inc

Analysis

Rotary Fund of Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 1953, 73 years ago. 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 2023, Rotary Fund of Louisville Inc reported income of $176k and spending of $155k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $230k to $176k (-23%), an average of -6.4% a year. The sharpest change came in the year to June 2022, when income rose by 114%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rotary Fund of Louisville Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within KY. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($176k), St Lawrence Educational Foundation Inc ($176k) and Thomas Circle Singers ($176k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $3.0m against liabilities of $139k, net assets of $2.9m.