Rotary Club of San Luis Obispo Charities Inc

Analysis

Rotary Club of San Luis Obispo Charities Inc is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in August 1992, 34 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 San Luis Obispo Charities Inc reported income of $102k and spending of $92k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $105k to $102k (-3.0%), an average of -3.0% a year. Over the whole period it spent 100% 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 San Luis Obispo Charities Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Destination Duluth ($102k), Reach for the Stars Development Center Inc ($102k) and Ability Inc ($102k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $420k against liabilities of $0, net assets of $420k.