Chico Rotary Club Foundation

Analysis

Chico Rotary Club Foundation is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in June 1970, 56 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, Chico Rotary Club Foundation reported income of $119k and spending of $119k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $233k to $119k (-49%), an average of -16% a year. The sharpest change came in the year to June 2021, when income rose by 94%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chico Rotary Club Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Virginia Association of Planning District Commissions ($119k), Texas Total Rewards Alliance ($119k) and Joseph International Inc ($119k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $2.0m against liabilities of $24k, net assets of $1.9m.