Preston Center Rotary Club Foundation

Analysis

Preston Center Rotary Club Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Preston Center Rotary Club Foundation reported income of $83k and spending of $79k, spending 96% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $62k to $83k (+33%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 119%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Preston Center Rotary Club Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Americorps Seniors Professional Net Work ($83k), Alexandria Boxing Club Inc ($83k) and Community Access Television of Silver ($83k).

At year end it held assets of $297k against liabilities of $0, net assets of $297k.