Lemon Bay Sunrise Rotary Foundation Inc

Analysis

Lemon Bay Sunrise Rotary Foundation Inc is a registered charity in United States, based in Englewood, FL. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lemon Bay Sunrise Rotary Foundation Inc reported income of $145k and spending of $132k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $51k to $145k (+183%), an average of +68% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lemon Bay Sunrise Rotary Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Appanoose County Foundation ($145k), Mustaches for Kids - Wilmington NC ($145k) and Gladbrook Community Foundation ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 11% of the total. At year end it held assets of $51k against liabilities of $394, net assets of $50k.