Pasco-Kennewick Rotary Charitable Trust

Analysis

Pasco-Kennewick Rotary Charitable Trust is a registered charity in United States, based in Kennewick, WA. It received its IRS tax-exemption ruling in December 1983, 43 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, Pasco-Kennewick Rotary Charitable Trust reported income of $95k and spending of $89k, spending 93% of its income. Across the 3 years on record, from June 2020 to June 2023, income fell from $109k to $95k (-13%), an average of -6.8% a year. The sharpest change came in the year to June 2022, when income dropped by 36%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pasco-Kennewick Rotary Charitable Trust 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 36th percentile, and in the 31st percentile within WA. Charities of a similar size with the same main cause include Legacy Builders Foundation Inc ($95k), Mangum Foundation ($95k) and Lincoln Economic Advancement & Development Inc ($95k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $457k against liabilities of $0, net assets of $457k.