Los Gatos Rotary Scholarship Fund

Analysis

Los Gatos Rotary Scholarship Fund is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Los Gatos Rotary Scholarship Fund reported income of $59k and spending of $48k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $34k to $59k (+74%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 158%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Los Gatos Rotary Scholarship Fund sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Harambee USA Foundation ($58k), Pottsboro Isd Education Foundation Inc ($59k) and White Oak Grove Outreach Center ($58k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.