Willmar Rotary Club Foundation

Analysis

Willmar Rotary Club Foundation is a registered charity in United States, based in Willmar, MN. It received its IRS tax-exemption ruling in August 2018, 8 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, Willmar Rotary Club Foundation reported income of $117k and spending of $110k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $117k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 38% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Willmar Rotary Club Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Pennsylvania State Association of County Fairs ($117k), Associated Builders and Contractors of Oklahoma Inc Trust Fund ($117k) and Triple Cities Makerspace Inc ($117k).

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 $188k against liabilities of $0, net assets of $188k.