Sarasota Rotary Foundation Inc

Analysis

Sarasota Rotary Foundation Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in September 2014, 12 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 2024, Sarasota Rotary Foundation Inc reported income of $277k and spending of $186k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $110k to $277k (+151%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 158%. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sarasota Rotary Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Friends of Laguna Atascosa National Wildlife Refuge ($277k), Arkansas Methodist Medical Center Foundation Inc ($277k) and Rotary Club Downtown Boca Raton Fund ($277k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% of the total. It paid $2,400 in professional fundraising fees. At year end it held assets of $789k against liabilities of $0, net assets of $789k.