Marco Island Rotary Club Foundation Inc

Analysis

Marco Island Rotary Club Foundation Inc is a registered charity in United States, based in Marco Island, FL. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Marco Island Rotary Club Foundation Inc reported income of $213k and spending of $127k, leaving 41% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $106k to $213k (+100%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 203%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marco Island Rotary Club Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Sparkle Touch Learning Academy Inc ($213k), Grafton High Band Parents Association ($213k) and Starfish Foundationinc ($213k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.0% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.