Hailey Rotary Foundation Inc

Analysis

Hailey Rotary Foundation Inc is a registered charity in United States, based in Hailey, ID. It received its IRS tax-exemption ruling in November 1997, 29 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 July 2023, Hailey Rotary Foundation Inc reported income of $91k and spending of $59k, leaving 35% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $78k to $91k (+17%), an average of +3.9% a year. The sharpest change came in the year to July 2022, when income rose by 249%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hailey Rotary Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within ID. Charities of a similar size with the same main cause include Opera Idaho Foundation Inc ($91k), Proctor Synergy Inc ($91k) and T E a M Foundation Inc ($91k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 28% and program service revenue 69% of the total. At year end it held assets of $577k against liabilities of $1,479, net assets of $576k.