Thousand Oaks Rotary Foundation

Analysis

Thousand Oaks Rotary Foundation is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Thousand Oaks Rotary Foundation reported income of $83k and spending of $97k, spending 117% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $174k to $83k (-52%), an average of -22% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thousand Oaks Rotary Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Polonia of Long Island ($83k), Evergreen Park Fire Fighters Inc ($83k) and Truckee Community Cares Inc ($83k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $906k against liabilities of $39k, net assets of $867k.