Concord Rotary Charitable Endowment Inc

Organization Overview

Concord Rotary Charitable Endowment Inc is located in Concord, MA. The organization was established in 1994. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concord Rotary Charitable Endowment Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Concord Rotary Charitable Endowment Inc generated $47.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $33.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE CHARITABLE AND EDUCATIONAL PROGRAMS

Describe the Organization's Program Activity:

Part 3

CONCORD- CARLISLE SCHOLARSHIP GRANT TO SUPPORT POST HIGHSCHOOL EDUCATION


THIS IS THE SUM OF SEVERAL MINOR CONTRIBUTIONS TO VARIOUS ENTITIES.


CONCORD BELL PROJECT TO SUPPORT MAINTENANCE OF THE WAR MEMORIAL IN CONCORD CENTER


SUPPORTING BRISTOL LODGE TO PROVIDE WARM MEALS TO INDIVIDUALS IN NEED


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$286
Total Program Service Revenue$0
Membership dues$0
Investment income $12,514
Gain or Loss$1,746
Net Income from Gaming & Fundraising$33,356
Other Revenue$0
Total Revenue$47,902

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