The Foundation of Bonita Naples Rotary Club Inc

Analysis

The Foundation of Bonita Naples Rotary Club Inc is a registered charity in United States, based in Bonita SPGS, FL. It received its IRS tax-exemption ruling in October 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 2024, The Foundation of Bonita Naples Rotary Club Inc reported income of $73k and spending of $53k, leaving 27% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $44k to $73k (+65%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 230%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Foundation of Bonita Naples Rotary Club Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include American Open University Inc ($73k), Nica Foundation Inc ($73k) and Midamerica Teachers of English to Speakers of Other Languages Inc ($73k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% of the total. At year end it held assets of $517k against liabilities of $0, net assets of $517k.