Boca Raton Rotary Fund Inc

Analysis

Boca Raton Rotary Fund Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in January 1963, 63 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Boca Raton Rotary Fund Inc reported income of $379k and spending of $152k, leaving 60% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $308k to $379k (+23%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Boca Raton Rotary Fund Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include American Real Estate and Urban Economics Association ($379k), Texas Family Project Foundation ($380k) and Pendleton Underground Tours Inc ($379k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 1.1% of the total. At year end it held assets of $851k against liabilities of $0, net assets of $851k.