Rotary Club of Lakewood Ranch Inc

Analysis

Rotary Club of Lakewood Ranch Inc is a registered charity in United States, based in Lakewood Ranch, FL. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 Lakewood Ranch Inc reported income of $1.1m and spending of $1.0m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $540k to $1.1m (+96%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 203%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rotary Club of Lakewood Ranch Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Foundation for Youth Resiliency and Engagement ($1.1m), Ohio Citizen Action Education Fund ($1.1m) and Northeast Arkansas Regional AIDS Network ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 9.3% of the total. At year end it held assets of $1.2m against liabilities of $460k, net assets of $725k.