The Redding East Rotary Foundation

Analysis

The Redding East Rotary Foundation is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in February 2002, 24 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 2023, The Redding East Rotary Foundation reported income of $52k and spending of $46k, spending 89% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $81k to $52k (-36%), an average of -36% a year. The sharpest change came in the year to June 2023, when income dropped by 36%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Redding East Rotary Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Sankara Family Foundation ($52k), South Windsor Community Foundation Inc ($52k) and Federation Support Foundation 35 ($52k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $505k against liabilities of $0, net assets of $505k.