McAllen Rotary Fund

Analysis

McAllen Rotary Fund is a registered charity in United States, based in McAllen, TX. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, McAllen Rotary Fund reported income of $92k and spending of $2,126, leaving 98% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $294k to $92k (-69%), an average of -25% a year. The sharpest change came in the year to June 2022, when income dropped by 76%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McAllen Rotary Fund sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Brian Steven Messier Scholarship Fund Eghs ($92k), Friends of Stockton Inc ($92k) and Broward County Homeschool Parent Support Group ($92k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.6% of the total. At year end it held assets of $415k against liabilities of $3,000, net assets of $412k.