Rotary Club of Lakeway-Lake Travis Foundation Inc

Analysis

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

In the financial year ending June 2024, Rotary Club of Lakeway-Lake Travis Foundation Inc reported income of $79k and spending of $164k, spending 208% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $88k to $79k (-10%), an average of -10% a year. Over the whole period it spent 142% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rotary Club of Lakeway-Lake Travis Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Hands International ($79k), St Helens Band Patrons ($79k) and Mathematics Education Collaborative ($79k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 74% of the total. At year end it held assets of $446k against liabilities of $14k, net assets of $433k.