Gulf Breeze Rotary Scholarship Foundation Inc

Analysis

Gulf Breeze Rotary Scholarship Foundation Inc is a registered charity in United States, based in Gulf Breeze, FL. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gulf Breeze Rotary Scholarship Foundation Inc reported income of $129k and spending of $44k, leaving 66% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $130k to $129k (-1.4%), an average of -0.4% a year. The sharpest change came in the year to June 2024, when income rose by 50%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gulf Breeze Rotary Scholarship Foundation Inc sits at the 45th percentile: it is larger than about 45% 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 Girlsempowermentnet NFP ($129k), Fife High School Booster Club ($129k) and Meta Foundation ($129k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% of the total. At year end it held assets of $763k against liabilities of $0, net assets of $763k.