Rotary Club of Fort Myers South Foundation Inc

Analysis

Rotary Club of Fort Myers South Foundation Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in December 1987, 39 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 2023, Rotary Club of Fort Myers South Foundation Inc reported income of $171k and spending of $89k, leaving 48% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $124k to $171k (+37%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 91% 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 Fort Myers South Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Community Enrichment for Klickitat County ($171k), Kitchi Gammi Club Foundation Inc ($171k) and Our Greater Good Inc ($171k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $831k against liabilities of $19k, net assets of $812k.