Murrieta Rotary Foundation

Analysis

Murrieta Rotary Foundation is a registered charity in United States, based in Murrieta, CA. It received its IRS tax-exemption ruling in February 2003, 23 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, Murrieta Rotary Foundation reported income of $122k and spending of $137k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $145k to $122k (-16%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. 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, Murrieta Rotary Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Sandy Peltyn Foundation for Excellence ($122k), John Taylor Babbitt Foundation ($122k) and Utah Association of Financial Services Foundation ($122k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 7.8% of the total. At year end it held assets of $248k against liabilities of $17k, net assets of $231k.