Indian Rocks Rotary Foundation Inc

Analysis

Indian Rocks Rotary Foundation Inc is a registered charity in United States, based in Indian RK BCH, FL. It received its IRS tax-exemption ruling in February 2004, 22 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 June 2024, Indian Rocks Rotary Foundation Inc reported income of $79k and spending of $68k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $60k to $79k (+32%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Indian Rocks Rotary Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Dos Pueblos Band Boosters ($79k), Galveston Island Oktoberfest Inc ($79k) and Toledo Lions Club ($79k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 23% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.