Houma Rotary Club Foundation Inc

Analysis

Houma Rotary Club Foundation Inc is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Houma Rotary Club Foundation Inc reported income of $57k and spending of $325k, spending 566% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $176k to $57k (-67%), an average of -43% a year. The sharpest change came in the year to June 2023, when income dropped by 75%. Over the whole period it spent 138% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Houma Rotary Club Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within LA. Charities of a similar size with the same main cause include Shane Gives Thanks Inc ($57k), Ramsey Responds Inc ($57k) and Light Center ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 20% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.