Rotary Club of Flagler Beach Inc

Analysis

Rotary Club of Flagler Beach Inc is a registered charity in United States, based in Flagler Beach, FL. It received its IRS tax-exemption ruling in June 2010, 16 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, Rotary Club of Flagler Beach Inc reported income of $66k and spending of $85k, spending 130% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $84k to $66k (-21%), an average of -21% a year. The sharpest change came in the year to June 2024, when income dropped by 21%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rotary Club of Flagler Beach Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Mabel Fire Relief Assn ($66k), National Charity League Inc North Austin Chapter ($66k) and Theatre Foundation ($66k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 53% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.