Lake Wales Breakfast Rotary Foundation Inc

Analysis

Lake Wales Breakfast Rotary Foundation Inc is a registered charity in United States, based in Lake Wales, FL. It received its IRS tax-exemption ruling in November 2005, 21 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 June 2024, Lake Wales Breakfast Rotary Foundation Inc reported income of $152k and spending of $295k, spending 194% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $71k to $152k (+115%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 263%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lake Wales Breakfast Rotary Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include The@meadow Inc ($152k), Safe Talk for Teens ($152k) and Willits Community Services Corp ($152k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% of the total. At year end it held assets of $314k against liabilities of $2,195, net assets of $312k.