Silverdale Rotary Club Foundation

Analysis

Silverdale Rotary Club Foundation is a registered charity in United States, based in Silverdale, WA. It received its IRS tax-exemption ruling in August 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Silverdale Rotary Club Foundation reported income of $97k and spending of $92k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $90k to $97k (+7.4%), an average of +1.8% a year. The sharpest change came in the year to June 2022, when income rose by 177%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Silverdale Rotary Club Foundation sits at the 35th 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 Biz Net Cares Foundation ($97k), Pen & Napkin ($97k) and Skanner Foundation ($97k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 123% of the total. At year end it held assets of $383k against liabilities of $0, net assets of $383k.