Rotary Club of New Tampa Foundation Inc

Analysis

Rotary Club of New Tampa Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rotary Club of New Tampa Foundation Inc reported income of $112k and spending of $123k, spending 110% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $122k to $112k (-7.9%), an average of -7.9% a year. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rotary Club of New Tampa Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Ezras Yisroel USA Inc ($112k), Valdez United Way ($112k) and Baxter Community Educational Foundation ($112k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $245k against liabilities of $13k, net assets of $232k.