Merced Rotary Club Foundation

Analysis

Merced Rotary Club Foundation is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in July 1996, 30 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, Merced Rotary Club Foundation reported income of $60k and spending of $29k, leaving 52% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $81k to $60k (-26%), an average of -26% a year. The sharpest change came in the year to June 2024, when income dropped by 26%. Over the whole period it spent 51% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Merced Rotary Club Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Mac Angels Foundation Inc ($60k), Forever 56 Foundation ($60k) and Brandel-Murphy Youth Foundation Inc ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $301k against liabilities of $0, net assets of $301k.