Riverside Rotary Foundation

Analysis

Riverside Rotary Foundation is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in July 2000, 26 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 2023, Riverside Rotary Foundation reported income of $94k and spending of $86k, spending 92% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $20k to $94k (+382%), an average of +120% a year. The sharpest change came in the year to June 2022, when income rose by 334%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Riverside Rotary Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include South Boston Special Kids & Young Adults Corporation ($94k), Jimmie Johnson Foundation ($94k) and Minnesota Association of International Baccalaureate World ($94k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $549k against liabilities of $4,406, net assets of $544k.