Rockwall Rotary Foundation

Analysis

Rockwall Rotary Foundation is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in March 1997, 29 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 December 2023, Rockwall Rotary Foundation reported income of $158k and spending of $198k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $159k to $158k (-1.1%), an average of -0.3% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rockwall Rotary Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Merry-Go-Round Nursery School Inc ($158k), Alpha Kappa Psi Foundation ($158k) and International Children Education Association ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $3.4m against liabilities of $615k, net assets of $2.8m.