Salinas Rotary Club Charitable Fund

Analysis

Salinas Rotary Club Charitable Fund is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in April 1997, 29 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, Salinas Rotary Club Charitable Fund reported income of $123k and spending of $112k, spending 91% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $246k to $123k (-50%), an average of -29% a year. The sharpest change came in the year to June 2023, when income dropped by 46%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Salinas Rotary Club Charitable Fund 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 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Cedar Creek Lake Parrothead Club ($123k), Sail Beyond Cancer VT Inc ($123k) and Ezra Lisomim Inc ($123k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 102% of the total. At year end it held assets of $135k against liabilities of $300, net assets of $134k.