Reno Rotary Foundation

Analysis

Reno Rotary Foundation is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Reno Rotary Foundation reported income of $82k and spending of $143k, spending 175% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $200k to $82k (-59%), an average of -20% a year. The sharpest change came in the year to June 2020, when income rose by 121%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reno Rotary Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within NV. Charities of a similar size with the same main cause include Chestatee High School Touchdown Club ($82k), Madison Elementary School Parent Teacher Organization ($82k) and Morse Elementary School PTO Inc ($82k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $1.1m against liabilities of $6,008, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.