Simi Sunset Rotary Foundation

Analysis

Simi Sunset Rotary Foundation is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in December 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 2024, Simi Sunset Rotary Foundation reported income of $155k and spending of $45k, leaving 71% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $70k to $155k (+121%), an average of +121% a year. The sharpest change came in the year to June 2024, when income rose by 121%. Over the whole period it spent 35% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Simi Sunset Rotary Foundation sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Downcity Partnership Inc ($155k), Tex Mex Legacy Foundation ($155k) and National Christian Charitable Foundation Inc ($155k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 105% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k.