Alderwood Terrace Rotary Foundation

Analysis

Alderwood Terrace Rotary Foundation is a registered charity in United States, based in Lynnwood, WA. It received its IRS tax-exemption ruling in July 1999, 27 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 (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 2024, Alderwood Terrace Rotary Foundation reported income of $192k and spending of $90k, leaving 53% of income unspent that year. Across the 4 years on record, from June 2019 to June 2024, income grew from $158k to $192k (+22%), an average of +6.8% a year. The sharpest change came in the year to June 2024, when income rose by 102%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alderwood Terrace Rotary Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include Henry Counties Caring for the Cause Inc ($192k), Bee Mighty ($192k) and United Way of Perry County Inc ($192k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% of the total. At year end it held assets of $441k against liabilities of $1,360, net assets of $440k.