South Brunswick Islands Rotary Foundation

Analysis

South Brunswick Islands Rotary Foundation is a registered charity in United States, based in Ocean Isl BCH, NC. It received its IRS tax-exemption ruling in October 2018, 8 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 December 2023, South Brunswick Islands Rotary Foundation reported income of $54k and spending of $62k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $56k to $54k (-3.8%), an average of -3.8% a year. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Brunswick Islands Rotary Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include Illinois River Area Community Organization ($54k), Goffstown Main Street Program Inc ($54k) and Garner Revitalization Association Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.