Rotary Club of Homosassa Springs Charitable Foundation Inc

Analysis

Rotary Club of Homosassa Springs Charitable Foundation Inc is a registered charity in United States, based in Homosassa SPG, FL. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rotary Club of Homosassa Springs Charitable Foundation Inc reported income of $80k and spending of $51k, leaving 37% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $101k to $80k (-21%), an average of -21% a year. The sharpest change came in the year to June 2024, when income dropped by 21%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rotary Club of Homosassa Springs Charitable Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include National Swine Registry Foundation Inc ($80k), Healthy Schools Network Inc ($80k) and Day Middle School Parent Teacher Organization ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 82% of the total. At year end it held assets of $353k against liabilities of $0, net assets of $353k.