Spokane Rotary Foundation

Analysis

Spokane Rotary Foundation is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in April 1995, 31 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Spokane Rotary Foundation reported income of $135k and spending of $108k, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $198k to $135k (-32%), an average of -7.4% a year. The sharpest change came in the year to June 2021, when income rose by 527%. Over the whole period it spent 38% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Spokane Rotary Foundation 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 45th percentile, and in the 41st percentile within WA. Charities of a similar size with the same main cause include We Care Fund Inc ($135k), Well of North Louisiana Inc ($135k) and Perkiomen Valley School District Foundation ($135k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.