Rotary Club of New Port Richey Fund Inc

Analysis

Rotary Club of New Port Richey Fund Inc is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in February 2003, 23 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 of New Port Richey Fund Inc reported income of $369k and spending of $362k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $392k to $369k (-5.9%), an average of -1.5% a year. The sharpest change came in the year to June 2022, when income rose by 144%. Over the whole period it spent 91% 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 of New Port Richey Fund Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Lift Our Own Inc ($369k), Ludwig and Lizette Fincke Endowment Fund ($369k) and Prairie Lands Foundation ($369k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% of the total. At year end it held assets of $832k against liabilities of $16k, net assets of $816k.