Riverside Rotary Foundation Inc

Analysis

Riverside Rotary Foundation Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Riverside Rotary Foundation Inc reported income of $86k and spending of $18k, leaving 79% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $90k to $86k (-4.5%), an average of -1.5% a year. The sharpest change came in the year to June 2022, when income rose by 193%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riverside Rotary Foundation Inc 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 33rd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Lawton Housing Inc ($86k), Gilmer County Family Connection Commission ($86k) and Family Life Center of Auglaize County ($86k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.