Prosper Rotary Foundation

Analysis

Prosper Rotary Foundation is a registered charity in United States, based in Prosper, TX. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, Prosper Rotary Foundation reported income of $151k and spending of $103k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $146k to $151k (+3.6%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prosper Rotary Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Adair County Health and Fitness Center Inc ($151k), YWCA Great Lakes Bay Region ($151k) and Foster Fete ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $476k against liabilities of $0, net assets of $476k.