Foundation of the Rotary Club of Bonita Springs Inc

Analysis

Foundation of the Rotary Club of Bonita Springs Inc is a registered charity in United States, based in Bonita SPGS, FL. It received its IRS tax-exemption ruling in November 1997, 29 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 2023, Foundation of the Rotary Club of Bonita Springs Inc reported income of $167k and spending of $173k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $69k to $167k (+143%), an average of +34% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation of the Rotary Club of Bonita Springs Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Murrieta Elementary Parent Teacher Club ($167k), Massachusetts Senior Care Foundation Inc ($167k) and Jackson Classical ($167k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $551k against liabilities of $0, net assets of $551k.