Los Gatos Rotary Charities Foundation

Analysis

Los Gatos Rotary Charities Foundation is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in September 1991, 35 years ago. 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, Los Gatos Rotary Charities Foundation reported income of $194k and spending of $137k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $151k to $194k (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Gatos Rotary Charities Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Stephens County Historical Society & Museum ($194k), Georgia Council for International Visitors Inc ($194k) and Pearl M Stetler Research Fund for Women Physician Founded in Memor ($194k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $1.7m against liabilities of $408, net assets of $1.7m.