Beaumont Rotary Foundation Inc

Analysis

Beaumont Rotary Foundation Inc is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in May 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 2024, Beaumont Rotary Foundation Inc reported income of $222k and spending of $85k, leaving 61% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $136k to $222k (+63%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 59%. Over the whole period it spent 60% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Beaumont Rotary Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include U P Community Services Inc ($221k), 21st Century School Fund Inc ($222k) and Junior Welfare League of Enid Inc ($221k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 36% of the total. At year end it held assets of $1.1m against liabilities of $32k, net assets of $1.0m.