Austin Rotary Club Foundation

Analysis

Austin Rotary Club Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Austin Rotary Club Foundation reported income of $317k and spending of $176k, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $252k to $317k (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 49% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Austin Rotary Club Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Carolina Common Enterprise ($316k), Main Street Wooster Inc ($317k) and Community Action Team-California Inc ($316k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $2.9m against liabilities of $96k, net assets of $2.8m.