Pacific Grove Rotary Club Legacy Ca Inc

Analysis

Pacific Grove Rotary Club Legacy Ca Inc is a registered charity in United States, based in Pacific Grove, CA. It received its IRS tax-exemption ruling in February 2005, 21 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, Pacific Grove Rotary Club Legacy Ca Inc reported income of $84k and spending of $42k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $84k (+37%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pacific Grove Rotary Club Legacy Ca Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Ladies Auxiliary Colonial Volunteer Fire Co ($84k), Vincennes Urban Enterprise Association Inc ($84k) and Apco Employees Cu Share the Care Foundation Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $298k against liabilities of $0, net assets of $298k.