Plainville Rotary Foundation Inc

Analysis

Plainville Rotary Foundation Inc is a registered charity in United States, based in Plainville, CT. It received its IRS tax-exemption ruling in January 2018, 8 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 2024, Plainville Rotary Foundation Inc reported income of $62k and spending of $50k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $62k to $62k (-1.4%), an average of -1.4% a year. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Plainville Rotary Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within CT. Charities of a similar size with the same main cause include James D Kinsey Jr Memorial Fund Inc ($61k), Philanthropic Venture Fund of Thegreater Virginia Peninsula Inc ($62k) and Duluth Lions Club Foundation ($61k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $55k against liabilities of $24k, net assets of $32k.