Seattle Rotary Service Foundation

Analysis

Seattle Rotary Service Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1941, 85 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 June 2023, Seattle Rotary Service Foundation reported income of $573k and spending of $500k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $436k to $573k (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2020, when income rose by 58%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Seattle Rotary Service Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include West Penn Power Sustainable Energy Fund ($573k), Bryan Development Foundation ($573k) and Womens Center for Entrepreneurship Corp ($573k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.