Rotary Club of Morgan Hill Endowment Inc

Analysis

Rotary Club of Morgan Hill Endowment Inc is a registered charity in United States, based in Morgan Hill, CA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. 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, Rotary Club of Morgan Hill Endowment Inc reported income of $260k and spending of $96k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $177k to $260k (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 245%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rotary Club of Morgan Hill Endowment Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Area Community Theater Inc ($259k), Wellspring of Greenbrier Inc ($260k) and Volunteers of America Inc ($259k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $1.5m against liabilities of $5,000, net assets of $1.5m.