Punta Gorda Rotary Charity and Education Foundation Inc

Analysis

Punta Gorda Rotary Charity and Education Foundation Inc is a registered charity in United States, based in Punta Gorda, FL. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Punta Gorda Rotary Charity and Education Foundation Inc reported income of $122k and spending of $90k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $88k to $122k (+38%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 8026%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Punta Gorda Rotary Charity and Education Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Construction Allies in Action ($122k), Association of Optometric Contact Lens Educators Uab Station ($122k) and Life Bridge Inc ($122k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $563k against liabilities of $0, net assets of $563k.