Palos Verdes Peninsula Rotary Foundation Inc

Analysis

Palos Verdes Peninsula Rotary Foundation Inc is a registered charity in United States, based in RLLNG HLS Est, CA. It received its IRS tax-exemption ruling in April 1995, 31 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 (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, Palos Verdes Peninsula Rotary Foundation Inc reported income of $168k and spending of $111k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $46k to $168k (+268%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 283%. 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, Palos Verdes Peninsula Rotary Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Jeeps on the Run Inc ($168k), Gottlieb Charitable TR ($168k) and Boone County Senior Services Foundation Inc ($168k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% of the total. At year end it held assets of $649k against liabilities of $0, net assets of $649k.