Osterville Rotary Foundation Inc

Analysis

Osterville Rotary Foundation Inc is a registered charity in United States, based in Osterville, MA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 2023, Osterville Rotary Foundation Inc reported income of $52k and spending of $16k, leaving 69% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $8,388 to $52k (+523%), an average of +522% a year. The sharpest change came in the year to June 2023, when income rose by 523%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Osterville Rotary 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 20th percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Familylinks Outreach Center ($52k), Pedal with Pete Inc ($52k) and Field-Regina-Northrop Neighborhood Group Inc ($52k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.