The South Bay Sunrise Rotary Club Foundation

Analysis

The South Bay Sunrise Rotary Club Foundation is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in February 2013, 13 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, The South Bay Sunrise Rotary Club Foundation reported income of $84k and spending of $85, leaving 100% of income unspent that year. The sharpest change came in the year to June 2023, when income rose by 348%. Over the whole period it spent 7.0% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The South Bay Sunrise Rotary Club Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Brendon P Bachelor Foundation for Sports and Education ($84k), Sweet Pea Foundation Inc ($84k) and Beaufort Charities Inc ($84k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 131% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.