Gundaker Foundation Rotary Dist 7450

Analysis

Gundaker Foundation Rotary Dist 7450 is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in January 1965, 61 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Gundaker Foundation Rotary Dist 7450 reported income of $65k and spending of $51k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $156k to $65k (-58%), an average of -58% a year. The sharpest change came in the year to June 2023, when income dropped by 58%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gundaker Foundation Rotary Dist 7450 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 25th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include Restart 3 20 Inc ($65k), Friends of the Lowline ($65k) and Shingle Creek Victory Council ($65k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.