Key West Rotary Club Foundation Inc

Analysis

Key West Rotary Club Foundation Inc is a registered charity in United States, based in Key West, FL. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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, Key West Rotary Club Foundation Inc reported income of $128k and spending of $98k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $190k to $128k (-33%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 65%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Key West Rotary Club Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Heritage Hills Scholarship Foundation Inc ($128k), Fuller Springs Volunteer Fire Department Inc ($128k) and We Must Protect ($128k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $870k against liabilities of $13k, net assets of $857k.