Rotary Futures Program Inc

Analysis

Rotary Futures Program Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Rotary Futures Program Inc reported income of $223k and spending of $148k, leaving 33% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $158k to $223k (+41%), an average of +41% a year. The sharpest change came in the year to September 2023, when income rose by 41%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rotary Futures Program Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Our Daily Bread ($223k), Bainbridge Island Special Needs Foundation ($223k) and Jane Addams Senior Caucus ($223k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 7.2% of the total. Other salaries and wages came to $65k. At year end it held assets of $371k against liabilities of $3,780, net assets of $367k. It reported 3 employees.