Sugar Land Rotary Foundation Inc

Analysis

Sugar Land Rotary Foundation Inc is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in September 1999, 27 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 December 2023, Sugar Land Rotary Foundation Inc reported income of $57k and spending of $5,049, leaving 91% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $38k to $57k (+49%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 16% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sugar Land Rotary Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Kiwanis Health Camp Foundation Inc ($57k), Outsidein Clothing ($57k) and Massachusetts Educational Recruiting Consortium Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $566k against liabilities of $8,000, net assets of $558k.