Rotary Club of Twin Falls Foundation Inc

Analysis

Rotary Club of Twin Falls Foundation Inc is a registered charity in United States, based in Twin Falls, ID. It received its IRS tax-exemption ruling in February 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rotary Club of Twin Falls Foundation Inc reported income of $116k and spending of $765, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $116k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 12% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rotary Club of Twin Falls Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within ID. Charities of a similar size with the same main cause include New Jersey State Federation of Womens Clubs ($115k), Faith Community Hospital Charitable Foundation ($116k) and P C Rotary Foundation ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $276k against liabilities of $0, net assets of $276k.