New Orleans Rotary Fund Inc

Analysis

New Orleans Rotary Fund Inc is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in December 1978, 48 years ago. 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, New Orleans Rotary Fund Inc reported income of $190k and spending of $44k, leaving 77% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $71k to $190k (+169%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 309%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Orleans Rotary Fund Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within LA. Charities of a similar size with the same main cause include Cannon County Senior Citizens Center ($190k), Write Out Loud ($190k) and Walnut Creek Swim Club Inc ($190k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% of the total. At year end it held assets of $1.1m against liabilities of $1, net assets of $1.1m.