Fort Lauderdale Rotary 1090 Foundation Inc

Analysis

Fort Lauderdale Rotary 1090 Foundation Inc is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in January 1975, 51 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, Fort Lauderdale Rotary 1090 Foundation Inc reported income of $92k and spending of $70k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $109k to $92k (-15%), an average of -5.4% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fort Lauderdale Rotary 1090 Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Cumberland Region Tomorrow ($92k), Well Incubator ($92k) and Nptu Chief Petty Officers Association ($92k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $1.1m against liabilities of $6,588, net assets of $1.0m.