Philipsburg Rotary Foundation

Analysis

Philipsburg Rotary Foundation is a registered charity in United States, based in Philipsburg, MT. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Philipsburg Rotary Foundation reported income of $60k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $60k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 5.4% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Philipsburg Rotary Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MT. Charities of a similar size with the same main cause include Wcre Foundation Inc ($60k), Unlimited Tomorrow Global Initiative Inc ($61k) and Lyft Up Lives ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.