Chanhassen Rotary Foundation

Analysis

Chanhassen Rotary Foundation is a registered charity in United States, based in Chanhassen, MN. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Chanhassen Rotary Foundation reported income of $109k and spending of $67k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $109k (-8.0%), an average of -8.0% a year. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chanhassen Rotary Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include South Side Community Organization of Tracy California ($109k), Local Initiative for Transformation - WC Inc ($109k) and Southeastern Utah Business and Technical Assistance Center Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.