Rotary Charities Foundation Of Rotary Club Of Providence
EIN: 56018074 · Providence, RI · NTEE: S82Z
| Metric | Value |
|---|---|
| Total Revenue | $588K |
| Total Expenses | $172K |
| Net Assets | $2.1M |
Is Rotary Charities Foundation Of Rotary Club Of Providence Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rotary Charities Foundation Of Rotary Club Of Providence
Rotary Charities Foundation Of Rotary Club Of Providence (EIN: 56018074) is a nonprofit organization based in Providence, RI, classified under NTEE code S82Z. The organization reported total revenue of $588K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rotary Charities Foundation Of Rotary Club Of Providence's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rotary Charities Foundation Of Rotary Club Of Providence is a small nonprofit that has been operating for 73 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $169K |
| Total Expenses | $172K |
| Surplus / Deficit | $-2,396 |
| Total Assets | $2.1M |
| Net Assets | $2.1M |
| Operating Margin | -1.4% |
| Months of Reserves | 147.8 months |
Financial Health Grade: B
In 2023, Rotary Charities Foundation Of Rotary Club Of Providence reported a deficit of $2K with expenses exceeding revenue, holds 147.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Rotary Charities Foundation Of Rotary Club Of Providence's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.6% | +52.6% | +6.2% |
| 2022 | +3.1% | -26.9% | -14.4% |
| 2021 | +124.5% | +209.4% | +20.4% |
| 2020 | -26.2% | -45.0% | +5.4% |
| 2019 | -28.3% | -6.6% | +3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1953 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rotary Charities Foundation Of Rotary Club Of Providence has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rotary Charities Foundation Of Rotary Club Of Providence with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Rotary Charities Foundation Of Rotary Club Of Providence
Is Rotary Charities Foundation Of Rotary Club Of Providence a legitimate charity?
Rotary Charities Foundation Of Rotary Club Of Providence (EIN: 56018074) is a registered tax-exempt nonprofit based in Rhode Island. It has 13 years of IRS 990 filings on record. Total revenue: $588K. No red flags identified. Financial health grade: B.
How does Rotary Charities Foundation Of Rotary Club Of Providence spend its money?
Rotary Charities Foundation Of Rotary Club Of Providence reported $588K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rotary Charities Foundation Of Rotary Club Of Providence tax-deductible?
Rotary Charities Foundation Of Rotary Club Of Providence is registered as a tax-exempt nonprofit (EIN: 56018074). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rotary Charities Foundation Of Rotary Club Of Providence located?
Rotary Charities Foundation Of Rotary Club Of Providence is headquartered in Providence, Rhode Island and files with the IRS under EIN 56018074. It is classified under NTEE code S82Z.
How many years of IRS 990 filings does Rotary Charities Foundation Of Rotary Club Of Providence have?
Rotary Charities Foundation Of Rotary Club Of Providence has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $588K in total revenue.
Filing History
IRS 990 filing history for Rotary Charities Foundation Of Rotary Club Of Providence showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rotary Charities Foundation Of Rotary Club Of Providence's revenue has grown by 49%, moving from $114K to $169K. Total assets increased by 77.7% over the same period, from $1.2M to $2.1M. Total functional expenses rose by 87.6%, from $91K to $172K. In its most recent filing year (2023), Rotary Charities Foundation Of Rotary Club Of Providence reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $169K | $172K | $2.1M | $0 | — | View 990 |
| 2022 | $145K | $112K | $2.0M | $0 | — | View 990 |
| 2021 | $141K | $154K | $2.3M | $0 | — | — |
| 2020 | $63K | $50K | $1.9M | $0 | — | View 990 |
| 2019 | $85K | $90K | $1.8M | $0 | — | View 990 |
| 2018 | $119K | $97K | $1.8M | $0 | — | View 990 |
| 2017 | $110K | $96K | $1.7M | $0 | — | View 990 |
| 2016 | $100K | $100K | $1.7M | $20K | — | View 990 |
| 2015 | $161K | $112K | $1.7M | $22K | — | View 990 |
| 2014 | $411K | $132K | $1.7M | $4K | — | View 990 |
| 2013 | $149K | $84K | $1.6M | $13K | — | View 990 |
| 2012 | $136K | $95K | $1.2M | $0 | — | View 990 |
| 2011 | $114K | $91K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $169K, expenses of $172K, and assets of $2.1M (revenue +16.6% year-over-year).
- 2022: Revenue of $145K, expenses of $112K, and assets of $2.0M (revenue +3.1% year-over-year).
- 2021: Revenue of $141K, expenses of $154K, and assets of $2.3M (revenue +124.5% year-over-year).
- 2020: Revenue of $63K, expenses of $50K, and assets of $1.9M (revenue -26.2% year-over-year).
- 2019: Revenue of $85K, expenses of $90K, and assets of $1.8M (revenue -28.3% year-over-year).
- 2018: Revenue of $119K, expenses of $97K, and assets of $1.8M (revenue +8.1% year-over-year).
- 2017: Revenue of $110K, expenses of $96K, and assets of $1.7M (revenue +9.3% year-over-year).
- 2016: Revenue of $100K, expenses of $100K, and assets of $1.7M (revenue -37.7% year-over-year).
- 2015: Revenue of $161K, expenses of $112K, and assets of $1.7M (revenue -60.8% year-over-year).
- 2014: Revenue of $411K, expenses of $132K, and assets of $1.7M (revenue +174.8% year-over-year).
- 2013: Revenue of $149K, expenses of $84K, and assets of $1.6M (revenue +10.3% year-over-year).
- 2012: Revenue of $136K, expenses of $95K, and assets of $1.2M (revenue +19.3% year-over-year).
- 2011: Revenue of $114K, expenses of $91K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rotary Charities Foundation Of Rotary Club Of Providence:
Data Sources and Methodology
This transparency report for Rotary Charities Foundation Of Rotary Club Of Providence is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.