Mount Vernon-Skajit Rotary Charitable Association

Analysis

Mount Vernon-Skajit Rotary Charitable Association is a registered charity in United States, based in Mount Vernon, WA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Mount Vernon-Skajit Rotary Charitable Association reported income of $132k and spending of $243k, spending 184% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $198k to $132k (-33%), an average of -9.6% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mount Vernon-Skajit Rotary Charitable Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within WA. Charities of a similar size with the same main cause include Anderson Valley Education Foundation ($132k), Veranova Health Foundation ($132k) and Friends of Hale County Foundation ($132k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.6% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.