Rotary Scholarship Foundation of Pearl River Inc

Analysis

Rotary Scholarship Foundation of Pearl River Inc is a registered charity in United States, based in Pearl River, NY. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Rotary Scholarship Foundation of Pearl River Inc reported income of $60k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $81k to $60k (-26%), an average of -7.2% a year. The sharpest change came in the year to June 2022, when income rose by 233%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rotary Scholarship Foundation of Pearl River Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Colchester Football Boosters Association Incorporated ($60k), Construction Management Association of America Foundation Inc ($60k) and Friends of the Sandwich Public Library Inc ($60k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.