Rotary Club Downtown Boca Raton Fund

Analysis

Rotary Club Downtown Boca Raton Fund is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in August 2014, 12 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, Rotary Club Downtown Boca Raton Fund reported income of $277k and spending of $306k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $227k to $277k (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 172%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rotary Club Downtown Boca Raton Fund sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Impact Nashville Inc ($276k), Friends of Laguna Atascosa National Wildlife Refuge ($277k) and Xtreme Couture Gi Foundation ($276k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.7% of the total. At year end it held assets of $375k against liabilities of $418, net assets of $375k.