Rotary Club of Carmel-By-The-Sea Foundation

Analysis

Rotary Club of Carmel-By-The-Sea Foundation is a registered charity in United States, based in Carmel, CA. It received its IRS tax-exemption ruling in December 2017, 9 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 December 2023, Rotary Club of Carmel-By-The-Sea Foundation reported income of $117k and spending of $116k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $135k to $117k (-13%), an average of -13% a year. Over the whole period it spent 89% 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 Carmel-By-The-Sea Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Medina City Schools Foundation ($117k), Alamo PTO ($117k) and Eye Education Foundation Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $283k against liabilities of $0, net assets of $283k.