Rotary Club of Coronado Foundation

Analysis

Rotary Club of Coronado Foundation is a registered charity in United States, based in Coronado, CA. It received its IRS tax-exemption ruling in January 1998, 28 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 June 2023, Rotary Club of Coronado Foundation reported income of $627k and spending of $643k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $387k to $627k (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rotary Club of Coronado Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Masonicare at Mystic Inc ($627k), LA Ola Ministries-The Wave ($627k) and Cornerstone Assistance Network of North Central Texas ($627k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $996k against liabilities of $14k, net assets of $982k.