Katy Rotary Fund

Analysis

Katy Rotary Fund is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in December 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 2023, Katy Rotary Fund reported income of $141k and spending of $138k, spending 97% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $78k to $141k (+82%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Katy Rotary Fund sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Lifeworks Charitable Foundation ($141k), Corner Co-Op Nursery Inc ($141k) and Open Fields Inc ($141k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% of the total. At year end it held assets of $213k against liabilities of $0, net assets of $213k.