Mt Baker Rotary Foundation

Analysis

Mt Baker Rotary Foundation is a registered charity in United States, based in Lynden, WA. It received its IRS tax-exemption ruling in July 1997, 29 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 2023, Mt Baker Rotary Foundation reported income of $515k and spending of $469k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $269k to $515k (+92%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 124%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mt Baker Rotary Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Walk with Me ($515k), The Mirasol Foundation Inc ($516k) and Jean and Saul a Mintz Family Foundation ($515k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $659k against liabilities of $93k, net assets of $565k.