Rotary Club of Tampa Foundation Inc

Analysis

Rotary Club of Tampa Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in August 2022, 4 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 Tampa Foundation Inc reported income of $141k and spending of $94k, leaving 33% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $101k to $141k (+39%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 686%. Over the whole period it spent 38% 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 Tampa Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Love N Action CDC ($141k), Town and Country Womens Club ($141k) and Snowbirds Snowmobile Club ($141k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% of the total. At year end it held assets of $2.1m against liabilities of $739, net assets of $2.1m.