The Cocoa Rotary Foundation Inc

Analysis

The Cocoa Rotary Foundation Inc is a registered charity in United States, based in Cocoa, FL. It received its IRS tax-exemption ruling in April 2000, 26 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 2023, The Cocoa Rotary Foundation Inc reported income of $75k and spending of $77k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $32k to $75k (+134%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 94%. 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, The Cocoa Rotary Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Almena Community Daycare Inc ($75k), Parent Booster USA Inc ($75k) and Tupelo School District Learning ($75k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.