Lemon Bay Sunrise Rotary Scholarship Trust

Analysis

Lemon Bay Sunrise Rotary Scholarship Trust is a registered charity in United States, based in Englewood, FL. It received its IRS tax-exemption ruling in May 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 December 2023, Lemon Bay Sunrise Rotary Scholarship Trust reported income of $68k and spending of $52k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $104k to $68k (-35%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lemon Bay Sunrise Rotary Scholarship Trust sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Clearcreek I S D Support Groups ($68k), Robinson Booster Club ($68k) and McCormick Elementary PTO ($68k).

At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.