Kings Bay Rotary Charitable Foundation Inc

Analysis

Kings Bay Rotary Charitable Foundation Inc is a registered charity in United States, based in Crystal River, FL. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Kings Bay Rotary Charitable Foundation Inc reported income of $107k and spending of $70k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $95k to $107k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 1233%. Over the whole period it spent 131% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kings Bay Rotary Charitable Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Commuteair Cares ($107k), Coral Springs Police Officers Foundation Fop Lodge 87 ($107k) and Society of St Vincent Depaul St Wendelin Conference Inc ($107k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% of the total. At year end it held assets of $179k against liabilities of $10k, net assets of $169k.