Rotary Club of Castle Rock Foundation Inc

Analysis

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

In the financial year ending June 2023, Rotary Club of Castle Rock Foundation Inc reported income of $62k and spending of $81k, spending 129% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $68k to $62k (-8.1%), an average of -8.1% a year. Over the whole period it spent 112% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rotary Club of Castle Rock Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within CO. Charities of a similar size with the same main cause include Southeast Georgia Friends of Fort Stewart and Hunter Inc ($62k), Kaleidoscope Foundation Inc ($62k) and Michigan World Language Association ($62k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $77k against liabilities of $4,996, net assets of $72k.