Salida Rotary Charitable Fund Inc

Analysis

Salida Rotary Charitable Fund Inc is a registered charity in United States, based in Salida, CO. It received its IRS tax-exemption ruling in November 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Salida Rotary Charitable Fund Inc reported income of $67k and spending of $42k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $67k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Salida Rotary Charitable Fund Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within CO. Charities of a similar size with the same main cause include Slvrec Energy Foundation Inc ($67k), Lions Club of Montebello Charities Foundation ($67k) and Friends of the Albany County Public Library ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.