Brick Morning Rotary Club Charitable Foundation Inc

Analysis

Brick Morning Rotary Club Charitable Foundation Inc is a registered charity in United States, based in Brick, NJ. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Brick Morning Rotary Club Charitable Foundation Inc reported income of $55k and spending of $52k, spending 95% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $49k to $55k (+11%), an average of +11% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brick Morning Rotary Club Charitable Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Family House Learning Center ($55k), Ottumwa Public Library Foundation ($55k) and Lions Memorial Scholarship Fund Inc ($55k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.