Rotary Club of Novato-Sunrise Foundation

Analysis

Rotary Club of Novato-Sunrise Foundation is a registered charity in United States, based in Novato, CA. It received its IRS tax-exemption ruling in July 2002, 24 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 2024, Rotary Club of Novato-Sunrise Foundation reported income of $66k and spending of $51k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $62k to $66k (+6.2%), an average of +6.2% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rotary Club of Novato-Sunrise Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Green Mountain Youth Symphony Inc ($66k), Victoria County Go Texan Inc ($66k) and St Monica Catholic Academy Angel Fund Inc ($66k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 58% of the total. At year end it held assets of $169k against liabilities of $11k, net assets of $158k.