Rotary Club of Houston Foundation

Analysis

Rotary Club of Houston Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1967, 59 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rotary Club of Houston Foundation reported income of $492k and spending of $318k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $140k to $492k (+250%), an average of +37% a year. The sharpest change came in the year to June 2023, when income rose by 164%. Over the whole period it spent 92% 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 Houston Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Local Union No 24 Dayton Area Joint Apprenticeship and Training ($492k), The Knights Community Hospital Equipment Lend Program Services ($492k) and Junior League of Palo Alto - Mid Peninsula ($492k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $1.6m against liabilities of $12k, net assets of $1.5m.