Elk Grove Rotary Foundation

Analysis

Elk Grove Rotary Foundation is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Elk Grove Rotary Foundation reported income of $149k and spending of $224k, spending 151% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $194k to $149k (-23%), an average of -8.5% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elk Grove Rotary Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Farmington Elementary School PTO ($149k), Humboldt Athletic Booster Club ($149k) and Parents Association for Christian Education ($149k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $516k against liabilities of $14k, net assets of $502k.