Rotary Club of Angleton Charitable Foundation Inc

Analysis

Rotary Club of Angleton Charitable Foundation Inc is a registered charity in United States, based in Angleton, TX. It received its IRS tax-exemption ruling in September 2013, 13 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 2024, Rotary Club of Angleton Charitable Foundation Inc reported income of $131k and spending of $103k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $96k to $131k (+37%), an average of +37% a year. The sharpest change came in the year to June 2024, when income rose by 37%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rotary Club of Angleton Charitable Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Friends of Slavens School Inc ($131k), Asso of No Ca Chinese Schools ($131k) and Lynnwood High School Athletic Booster Club ($131k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.1% of the total. At year end it held assets of $245k against liabilities of $0, net assets of $245k.