Ponte Vedra Beach Rotary Foundation Inc

Analysis

Ponte Vedra Beach Rotary Foundation Inc is a registered charity in United States, based in Ponte Vedra, FL. It received its IRS tax-exemption ruling in January 1986, 40 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 2024, Ponte Vedra Beach Rotary Foundation Inc reported income of $197k and spending of $137k, leaving 30% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $233k to $197k (-15%), an average of -3.3% a year. The sharpest change came in the year to June 2024, when income rose by 56%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ponte Vedra Beach 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 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Wilson Premier Youth Baseball Inc ($197k), Hearts United for Good Inc ($197k) and Cenla Alliance for Animals Inc ($197k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% of the total. At year end it held assets of $370k against liabilities of $0, net assets of $370k.