Gilroy Rotary Club Endowment Inc

Analysis

Gilroy Rotary Club Endowment Inc is a registered charity in United States, based in Gilroy, CA. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Gilroy Rotary Club Endowment Inc reported income of $191k and spending of $138k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $169k to $191k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 46% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gilroy Rotary Club Endowment Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Arlington Kids Kloset ($191k), Dillards Employee Disaster Relief Fund ($191k) and Walla Walla Valley Disability Network ($191k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.