Rotary LBK Charitable Fund

Analysis

Rotary LBK Charitable Fund is a registered charity in United States, based in Longboat Key, FL. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 2024, Rotary LBK Charitable Fund reported income of $56k and spending of $31k, leaving 45% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $36k to $56k (+56%), an average of +56% a year. The sharpest change came in the year to June 2024, when income rose by 56%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rotary LBK Charitable Fund sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Ptsa Connecticut Inc ($56k), Costenbader Society Incorporated ($56k) and American Chemical Society ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.