Rotary Club of Bronxville Foundation

Analysis

Rotary Club of Bronxville Foundation is a registered charity in United States, based in Bronxville, NY. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Rotary Club of Bronxville Foundation reported income of $62k and spending of $81k, spending 131% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $16k to $62k (+281%), an average of +56% a year. The sharpest change came in the year to June 2022, when income rose by 89%. Over the whole period it spent 178% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rotary Club of Bronxville Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Father Robert E Burke Memorial Trust Fund ($62k), Kirkland Chamber Foundation ($62k) and Little League Baseball Inc ($62k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.9% of the total. At year end it held assets of $213k against liabilities of $0, net assets of $213k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.