Rotary Club of St Thomas Foundation Inc

Analysis

Rotary Club of St Thomas Foundation Inc is a registered charity in United States, based in St Thomas, VI. It received its IRS tax-exemption ruling in September 2013, 13 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 December 2023, Rotary Club of St Thomas Foundation Inc reported income of $107k and spending of $26k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $107k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 173%. Over the whole period it spent 58% 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 St Thomas 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 39th percentile, and in the 43rd percentile within VI. Charities of a similar size with the same main cause include Santa Maria Breakfast Rotary Foundation Inc ($107k), Dove Foundation ($107k) and Pacific Palisades Womans Club ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $906k against liabilities of $0, net assets of $906k.