Cupertino Rotary Endowment Foundation

Analysis

Cupertino Rotary Endowment Foundation is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in September 1991, 35 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, Cupertino Rotary Endowment Foundation reported income of $361k and spending of $352k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $374k to $361k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to June 2022, when income rose by 137%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cupertino Rotary Endowment Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include University of Santo Tomas Medical Alumni Association of America ($361k), Lyrics for Life Foundation Inc ($361k) and Adaptiv Inc ($361k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.