Oak Ridge Breakfast Club Rotary Foundation

Analysis

Oak Ridge Breakfast Club Rotary Foundation is a registered charity in United States, based in Oak Ridge, TN. It received its IRS tax-exemption ruling in July 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 December 2023, Oak Ridge Breakfast Club Rotary Foundation reported income of $62k and spending of $68k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $62k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Oak Ridge Breakfast Club Rotary Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within TN. Charities of a similar size with the same main cause include Max M & Marjorie S Fisher Support Foundation ($62k), Stellas Stars ($62k) and Slinger-Allenton Rotary Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $89k against liabilities of $2,360, net assets of $86k.