Beverly Hills Rotary Community Foundation

Analysis

Beverly Hills Rotary Community Foundation is a registered charity in United States, based in Playa Del Rey, CA. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Beverly Hills Rotary Community Foundation reported income of $176k and spending of $216k, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $107k to $176k (+65%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 86%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Beverly Hills Rotary Community Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Royal Oak Civic Foundation ($176k), Burrell Foundation ($176k) and Mhany Peninsula Local Development Corporation ($175k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $117k against liabilities of $67k, net assets of $50k.