Ceres Rotary Club Foundation

Analysis

Ceres Rotary Club Foundation is a registered charity in United States, based in Ceres, CA. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ceres Rotary Club Foundation reported income of $86k and spending of $87k, spending 100% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $158k to $86k (-45%), an average of -26% a year. The sharpest change came in the year to June 2022, when income dropped by 49%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ceres Rotary Club Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Philanthropic Directive Supporting Organization Inc ($86k), Sertoma Inc ($86k) and Our Lady of Assumption Society ($86k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $469k against liabilities of $0, net assets of $469k.