Rotary Club of McMinnville Foundation Inc

Analysis

Rotary Club of McMinnville Foundation Inc is a registered charity in United States, based in McMinnville, OR. It received its IRS tax-exemption ruling in August 1998, 28 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 (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, Rotary Club of McMinnville Foundation Inc reported income of $57k and spending of $31k, leaving 45% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $29k to $57k (+96%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 143%. 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, Rotary Club of McMinnville Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within OR. Charities of a similar size with the same main cause include Georgia Goodwill Association Inc ($57k), Rebuilding the Village Inc ($57k) and Downtown Wapak Partnership ($57k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.8% of the total. At year end it held assets of $571k against liabilities of $0, net assets of $571k.