Glendale Rotary Club Foundation

Analysis

Glendale Rotary Club Foundation is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in May 1976, 50 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Glendale Rotary Club Foundation reported income of $109k and spending of $59k, leaving 46% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $42k to $109k (+157%), an average of +37% a year. The sharpest change came in the year to June 2021, when income rose by 110%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glendale Rotary Club Foundation sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Ace Mentor Program of America Inc ($109k), Fairfield Rotary Club Foundation Inc ($109k) and Auxiliary of the Boys and Girls Clubs of the Greater Scottsdale ($109k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $482k against liabilities of $100, net assets of $482k.