Carlsbad Hi-Noon Rotary Club Foundation

Analysis

Carlsbad Hi-Noon Rotary Club Foundation is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in June 1990, 36 years ago. 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, Carlsbad Hi-Noon Rotary Club Foundation reported income of $91k and spending of $91k, spending 100% of its income. Across the 2 years on record, from June 2020 to June 2023, income grew from $67k to $91k (+36%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carlsbad Hi-Noon Rotary Club Foundation 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 34th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($91k), Dorset Historical Society ($91k) and Cathedral Foundation ($91k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $378k against liabilities of $38k, net assets of $339k.