Leesburg Daybreak Rotary Foundation Inc

Analysis

Leesburg Daybreak Rotary Foundation Inc is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Leesburg Daybreak Rotary Foundation Inc reported income of $177k and spending of $19k, leaving 89% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $23k to $177k (+677%), an average of +677% a year. The sharpest change came in the year to June 2023, when income rose by 677%. Over the whole period it spent 21% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leesburg Daybreak Rotary Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include Subiaco Alumni Association ($177k), MHS Band & Color Guard Boosters Assoc ($177k) and Basswood Elementary School PTO ($177k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.