Olympia Rotary Foundation

Analysis

Olympia Rotary Foundation is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in August 1982, 44 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, Olympia Rotary Foundation reported income of $305k and spending of $114k, leaving 63% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $93k to $305k (+228%), an average of +49% a year. The sharpest change came in the year to June 2021, when income rose by 297%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Olympia Rotary Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include Vision Brooking Foundation ($305k), American General Training Inc ($305k) and Lions Foundation of Arizona Inc ($305k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $1.3m against liabilities of $6,185, net assets of $1.3m.