New Braunfels Downtown Rotary Scholarship Fund

Analysis

New Braunfels Downtown Rotary Scholarship Fund is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, New Braunfels Downtown Rotary Scholarship Fund reported income of $57k and spending of $8,481, leaving 85% of income unspent that year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Braunfels Downtown Rotary Scholarship Fund sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Town of Dubois Local Development Corporation ($57k), Carroll Middle School Ptso ($57k) and North American Textile Conservation Conference Inc ($57k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 167% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.