Cross Timbers Rotary Club Charities Inc

Analysis

Cross Timbers Rotary Club Charities Inc is a registered charity in United States, based in Flower Mound, TX. It received its IRS tax-exemption ruling in June 2018, 8 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cross Timbers Rotary Club Charities Inc reported income of $213k and spending of $217k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $166k to $213k (+28%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cross Timbers Rotary Club Charities Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Camino Real Rotary Club Inc ($213k), Washinton Schoolgirls Lacross Associates ($213k) and Lamp Stand Incorporated ($213k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $47k against liabilities of $32k, net assets of $15k.