Rotary Club of Tucson Foundation
Analysis
Rotary Club of Tucson Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in November 1975, 51 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Club of Tucson Foundation reported income of $333k and spending of $278k, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $245k to $333k (+36%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 91%. Over the whole period it spent 88% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rotary Club of Tucson Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within AZ. Charities of a similar size with the same main cause include Downtown Annapolis Partnership ($333k), Washington Heights and Inwood Development Corporation ($333k) and Imperial Regional Alliance Inc ($332k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% of the total. At year end it held assets of $1.9m against liabilities of $175k, net assets of $1.7m.
Income and spending
Where the income comes from
- Contributions & grants 61%
- Other 39%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Downtown Annapolis Partnership | Annapolis | $333k |
| Washington Heights and Inwood Development Corporation | New York | $333k |
| Imperial Regional Alliance Inc | El Centro | $332k |
| Downtown PKB Inc | Parkersburg | $333k |