Rotary International is located in Wilmington, DE. The organization was established in 1958. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rotary International is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, Rotary International generated $128.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $141.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE LEADERSHIP AND FINANCIAL SUPPORT TO THE ROTARY CLUBS AND THEIR MEMBERS IN DISTRICT 7630.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clifford Berg District Governor | 20 | $0 | |
John E Mager District Governor Elect | 15 | $0 | |
Randolph Smith District Governor Nominee | 10 | $0 | |
H Hugh Dawkins Jr Immediate Past District Go | 5 | $0 | |
Chadwick Jay Milton District Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $50,260 |
Total Program Service Revenue | $0 |
Membership dues | $45,617 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $32,423 |
Total Revenue | $128,300 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $91,653 |
Total expenses | $141,913 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $65,527 |
Other assets | $0 |
Total assets | $72,840 |
Total liabilities | $724 |
Net assets or fund balances | $72,116 |