San Mateo Rotary Foundation

Analysis

San Mateo Rotary Foundation is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in April 1971, 55 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 (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 2023, San Mateo Rotary Foundation reported income of $234k and spending of $243k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $271k to $234k (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, San Mateo Rotary Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Pga Tour Wives Association Inc ($234k), Business Technology Development ($234k) and Big Red School House & Community Center Inc ($234k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $1.8m against liabilities of $361k, net assets of $1.4m.