Rotary Club of Denver Mile High Foundation

Analysis

Rotary Club of Denver Mile High Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2021, 5 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 June 2024, Rotary Club of Denver Mile High Foundation reported income of $58k and spending of $40k, leaving 30% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $95k to $58k (-40%), an average of -22% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rotary Club of Denver Mile High Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include Appalachian Family Outreach Inc ($58k), Illinois Agricultural Resource Council Inc ($58k) and Financial Education of Minnesota ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $347k against liabilities of $0, net assets of $347k.