South Kitsap Rotary Foundation

Analysis

South Kitsap Rotary Foundation is a registered charity in United States, based in Port Orchard, WA. It received its IRS tax-exemption ruling in October 1997, 29 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, South Kitsap Rotary Foundation reported income of $73k and spending of $60k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $62k to $73k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Kitsap Rotary Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within WA. Charities of a similar size with the same main cause include Shepherdstown Community Club Inc ($73k), Meeting Professionals International ($73k) and The Greater Hunts Point Economic Development Corporation ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.5% of the total. At year end it held assets of $309k against liabilities of $82k, net assets of $227k.