Palo Alto Rotary Club Annual Charities Inc

Analysis

Palo Alto Rotary Club Annual Charities Inc is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Palo Alto Rotary Club Annual Charities Inc reported income of $199k and spending of $183k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $163k to $199k (+22%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palo Alto Rotary Club Annual Charities Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Vanguard School Foundation Inc ($199k), Immaculate Heart Foundation ($199k) and Chicagoland Golden Gloves Charities Inc ($199k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% of the total. At year end it held assets of $219k against liabilities of $35k, net assets of $184k.