Santa Ynez Valley Rotary Club Foundation

Analysis

Santa Ynez Valley Rotary Club Foundation is a registered charity in United States, based in Solvang, CA. It received its IRS tax-exemption ruling in December 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Santa Ynez Valley Rotary Club Foundation reported income of $51k and spending of $51k, spending 101% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $146k to $51k (-65%), an average of -65% a year. The sharpest change came in the year to June 2023, when income dropped by 65%. 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, Santa Ynez Valley Rotary Club Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Rotary Club of Estero Foundation Inc ($51k), Newport Rotary Charitable Foundation ($51k) and Taylor Charitable TR ($51k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 135% of the total. At year end it held assets of $437k against liabilities of $0, net assets of $437k.