Victoria Rotary Foundation Inc

Analysis

Victoria Rotary Foundation Inc is a registered charity in United States, based in Victoria, TX. 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 2024, Victoria Rotary Foundation Inc reported income of $74k and spending of $51k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $53k to $74k (+40%), an average of +40% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Victoria Rotary Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Massdevelopment Hefa Trust ($74k), East Hampton Parent Teacher Organization Inc ($74k) and Guardians of the Children ($74k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.