Lake Oswego Rotary Foundation Inc

Analysis

Lake Oswego Rotary Foundation Inc is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in October 1989, 37 years ago. 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 September 2023, Lake Oswego Rotary Foundation Inc reported income of $346k and spending of $353k, spending 102% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $345k to $346k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to September 2022, when income rose by 214%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Oswego Rotary Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Prairie School Foundation ($346k), New Jersey Association for the Education of Young Children ($346k) and Independence Pass Foundation ($346k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $344k against liabilities of $45k, net assets of $299k.