Rotary District 6940 Foundation Inc

Analysis

Rotary District 6940 Foundation Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in December 1989, 37 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, Rotary District 6940 Foundation Inc reported income of $491k and spending of $327k, leaving 33% of income unspent that year. Across the 3 years on record, from June 2019 to June 2023, income grew from $306k to $491k (+60%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 295%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rotary District 6940 Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Kinetics Dance Theatre Inc ($491k), Milford Community Media Center Inc ($491k) and American Academy of Pediatrics District IX Chapter IV ($491k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $357k against liabilities of $11k, net assets of $346k.