Pompano Beach Rotary Fund Inc

Analysis

Pompano Beach Rotary Fund Inc is a registered charity in United States, based in Pompano Beach, FL. It received its IRS tax-exemption ruling in July 1980, 46 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Pompano Beach Rotary Fund Inc reported income of $300k and spending of $88k, leaving 71% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $111k to $300k (+169%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 353%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pompano Beach Rotary Fund 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 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Amal Academy Inc ($300k), Joplin Business and Industrial Development Corporation ($300k) and Gardere Initiative Inc ($300k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.3% of the total. At year end it held assets of $943k against liabilities of $33k, net assets of $910k.