Rotary Club of Dr Phillips Foundation Inc

Analysis

Rotary Club of Dr Phillips Foundation Inc is a registered charity in United States, based in Windermere, FL. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Rotary Club of Dr Phillips Foundation Inc reported income of $93k and spending of $49k, leaving 47% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $83k to $93k (+12%), an average of +5.6% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rotary Club of Dr Phillips Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Society of Entrepreneurs ($93k), American Association of University Women LA Mesa-El Cajon Ca FDN ($93k) and HR Executive Forum ($93k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.