Rotary Club of El Paso Foundation Inc

Analysis

Rotary Club of El Paso Foundation Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in September 1990, 36 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, Rotary Club of El Paso Foundation Inc reported income of $177k and spending of $154k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $248k to $177k (-29%), an average of -8.1% a year. The sharpest change came in the year to June 2023, when income dropped by 41%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rotary Club of El Paso Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Houston Downtown Improvement Inc ($177k), Hcpi Development Fund Inc ($177k) and Southeastern Vermont Economic Development Strategies Inc ($177k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% of the total. Compensation of current officers, directors and key employees was $8,640 (5.6% of expenses). At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.