Sunrise Rotary Foundation of Key West Inc

Analysis

Sunrise Rotary Foundation of Key West Inc is a registered charity in United States, based in Key West, FL. It received its IRS tax-exemption ruling in November 1997, 29 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 June 2023, Sunrise Rotary Foundation of Key West Inc reported income of $76k and spending of -$3,741, leaving 105% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $45k to $76k (+68%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 433%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sunrise Rotary Foundation of Key West Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Medford Cruise Inc ($76k), Mason Gives Inc ($76k) and Destiny Care Foundation ($76k).

At year end it held assets of $821k against liabilities of $0, net assets of $821k.