Silverton Rotary Foundation

Analysis

Silverton Rotary Foundation is a registered charity in United States, based in Silverton, OR. It received its IRS tax-exemption ruling in May 2002, 24 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 July 2023, Silverton Rotary Foundation reported income of $448k and spending of $338k, leaving 25% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $40k to $448k (+1017%), an average of +1017% a year. The sharpest change came in the year to July 2023, when income rose by 1017%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Silverton Rotary Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OR. Charities of a similar size with the same main cause include Arians Family Foundation ($448k), Road Runners Club of America ($448k) and Scottish Rite Foundation of Georgia Inc ($447k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $284k against liabilities of $0, net assets of $284k.