Central Nassau County Rotary Foundation Inc

Analysis

Central Nassau County Rotary Foundation Inc is a registered charity in United States, based in Franklin SQ, NY. It received its IRS tax-exemption ruling in September 2010, 16 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 2023, Central Nassau County Rotary Foundation Inc reported income of $51k and spending of $40k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $5,208 to $51k (+871%), an average of +871% a year. The sharpest change came in the year to June 2023, when income rose by 871%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Central Nassau County Rotary 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 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Cruisin Morro Bay Car Show Inc ($51k), Luzerne County Bar Association Charitable Foundation Inc ($51k) and Huruma International Ministries ($51k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 7.6% of the total. At year end it held assets of $78k against liabilities of $900, net assets of $77k.