Wallace Rotary Charities Fund
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PROVIDE FUNDING FOR NON-PROFIT ENTITIES.
- Income
- $13,005
- Spending
- $10,149
- Reserves
- 55.8 months of spending
- Largest source of income
- other income, 77%
Source: Form 990EZ for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- BOYS & GIRLS HOME OF NC (PO BOX 127, LAKE WACCAMAW, NC 28450): A PRIVATE, NON-SECTARIAN, NON-PROFIT ORGANIZATION PROVIDING RESIDENTIAL & FOSTER CARE/ADOPTION PROGRAMS FOR NEGLECTED, ABUSED & HURTING BOYS & GIRLS THAT EMPHASIZES ACADEMIC & CHRISTIAN EDUCATION TO ADDRESS THEIR PHYSICAL, EMOTIONAL, SOCIAL & SPIRITUAL NEEDS IN A HOME-LIKE CHRISTIAN SETTING. THE HOME IS SUPPORTED BY ROTARY, ELKS, KIWANIS & LION CLUBS. OUR CONTRIBUTION HELPS SUPPORT THE ROTARY COTTAGE WHICH HOUSES 8 YOUND MEN & AN ADULT COUPLE SERVING AS CHAPERONES, COUNSELORS & PARENT FIGURES. NO RELATIONSHIP EXISTS BETWEEN GRANTOR & GRANTEES.
- THELMA DINGUS BRYANT LIBRARY (409 W MAIN ST WALLACE, NC 28466): A PUBLIC NON-PROFIT LIBRARY OPERATED BY THE TOWN OF WALLACE FOR ALL THOSE LIVING IN THE AREA. OUR CONTRIBUTION HELPS SUPPORT A SUMMER READING PROGRAM FOR 150+ CHILDREN TO IMPROVE READING SKILLS, EDUCATIONAL SKILLS & FOSTER A LOVE OF READING. A PORTION OF THE MONEY ALSO PURCHASES A CHILDREN'S BOOK EACH QUARTER WHICH LISTS THE NAMES OF GUEST SPEAKERS AT THE WALLACE ROTARY CLUB AS AN HONORARIUM. $1,000.
- TOWN OF WALLACE, NC: PARKS & RECREATION
- ADDITIONAL GRANTS WERE PROVIDED TO THE FOLLOWING NON-PROFIT ACTIVITIES:A. BOY SCOUTS TROOP 35 B. DICTIONARY PROJECT/BOOK MARKC. DUPLIN COUNTY SCHOOLS - BACKPACK BUDDYD. DISASTER RELIEF
Source: Form 990EZ for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2007.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.