Bronx Rotary Foundation of Rotary Club of Bronx N Y

Analysis

Bronx Rotary Foundation of Rotary Club of Bronx N Y is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in November 1957, 69 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bronx Rotary Foundation of Rotary Club of Bronx N Y reported income of $66k and spending of $19k, leaving 72% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $50k to $66k (+32%), an average of +7.3% a year. The sharpest change came in the year to June 2022, when income dropped by 134%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bronx Rotary Foundation of Rotary Club of Bronx N Y 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 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Riverview Community Center ($66k), Coventry Village Special Improvemnt District of Cleveland Heights Inc ($66k) and Wisconsin Energy Workforce Consortium Inc ($66k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.2% and program service revenue 22% of the total. At year end it held assets of $586k against liabilities of $0, net assets of $586k.