St Charles Rotary Club Scholarship Foundation

Analysis

St Charles Rotary Club Scholarship Foundation is a registered charity in United States, based in Boutte, LA. It received its IRS tax-exemption ruling in December 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, St Charles Rotary Club Scholarship Foundation reported income of $257k and spending of $39k, leaving 85% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $95k to $257k (+171%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 128%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Charles Rotary Club Scholarship Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within LA. Charities of a similar size with the same main cause include Little League Baseball Inc ($257k), Poway Valley Water Polo Club ($257k) and Jackson County Agricultural Society ($257k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% of the total. At year end it held assets of $1.0m against liabilities of $109k, net assets of $930k.