Stow-Munroe Falls Rotary Club Foundation

Analysis

Stow-Munroe Falls Rotary Club Foundation is a registered charity in United States, based in Stow, OH. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Stow-Munroe Falls Rotary Club Foundation reported income of $59k and spending of $62k, spending 105% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $37k to $59k (+61%), an average of +60% a year. The sharpest change came in the year to June 2024, when income rose by 61%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stow-Munroe Falls Rotary Club Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include Kenmore Rotary Charities Inc ($59k), Pinion Inc ($59k) and Wings of Kindness Foundation Inc ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.