Rotary Club of Lexington Foundation

Analysis

Rotary Club of Lexington Foundation is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 2023, Rotary Club of Lexington Foundation reported income of $65k and spending of $85k, spending 131% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $72k to $65k (-9.6%), an average of -9.6% a year. Over the whole period it spent 108% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Rotary Club of Lexington Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 31st percentile within SC. Charities of a similar size with the same main cause include Flathead Audubon Society ($65k), Rondout-Esopus Land Conservancy Inc ($65k) and Teton Botanical Garden ($65k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $58k against liabilities of $92k, net assets of -$34k.