LA Jolla Golden Triangle Rotary Club Foundation

Analysis

LA Jolla Golden Triangle Rotary Club Foundation is a registered charity in United States, based in Del Mar, CA. It received its IRS tax-exemption ruling in October 1994, 32 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 2024, LA Jolla Golden Triangle Rotary Club Foundation reported income of $185k and spending of $173k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $470k to $185k (-61%), an average of -21% a year. The sharpest change came in the year to June 2022, when income rose by 105%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Jolla Golden Triangle Rotary Club Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Cornwall Manor Workers Compensation Trust ($185k), Round Mountain Volunteer Fire Department ($185k) and Togive International ($185k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.