Fredericksburg Morning Rotary Charity Fund

Analysis

Fredericksburg Morning Rotary Charity Fund is a registered charity in United States, based in Fredericksbrg, TX. It received its IRS tax-exemption ruling in September 2007, 19 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, Fredericksburg Morning Rotary Charity Fund reported income of $679k and spending of $605k, spending 89% of its income. Across the 3 years on record, from June 2020 to June 2023, income fell from $912k to $679k (-26%), an average of -14% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fredericksburg Morning Rotary Charity Fund sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include United Way of Lancaster County Inc ($679k), Central Oregon Fuse Inc ($679k) and Bay Home Inc ($679k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.