Bakersfield East Rotary Foundation

Analysis

Bakersfield East Rotary Foundation is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in June 1995, 31 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 (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 2024, Bakersfield East Rotary Foundation reported income of $139k and spending of $135k, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $133k to $139k (+4.2%), an average of +0.8% a year. The sharpest change came in the year to June 2024, when income rose by 176%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bakersfield East Rotary Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Prescott Western Heritage Foundation Inc ($139k), Christian Ministries Foundation Inc ($139k) and Village Volunteers ($139k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% of the total. At year end it held assets of $660k against liabilities of $88k, net assets of $572k.