Julius Guis Memorial Rotary Foundation

Analysis

Julius Guis Memorial Rotary Foundation is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in January 2001, 25 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, Julius Guis Memorial Rotary Foundation reported income of $75k and spending of $77k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $113k to $75k (-33%), an average of -33% a year. The sharpest change came in the year to June 2024, when income dropped by 33%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Julius Guis Memorial Rotary Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Mileone Community Giving Foundation Inc ($75k), Cheboygan Communities Foundation ($75k) and Burbank High School Baseball Boosters Association ($75k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $522k against liabilities of $5,000, net assets of $517k.