Foundation of the Rotary Club of North Fresno

Analysis

Foundation of the Rotary Club of North Fresno is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in August 2018, 8 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, Foundation of the Rotary Club of North Fresno reported income of $70k and spending of $59k, spending 84% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $81k to $70k (-13%), an average of -7.0% a year. The sharpest change came in the year to June 2024, when income dropped by 33%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation of the Rotary Club of North Fresno sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Schuylkill Elder Abuse Prevention Alliance Inc ($70k), Solano County Library Foundation ($70k) and Mance E & Fay Phillips Drummond Endowment Trust ($70k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $50k against liabilities of $658, net assets of $50k.