Alamogordo Rotary Foundation Inc

Analysis

Alamogordo Rotary Foundation Inc is a registered charity in United States, based in Alamogordo, NM. It received its IRS tax-exemption ruling in October 1989, 37 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, Alamogordo Rotary Foundation Inc reported income of $62k and spending of $40k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $199k to $62k (-69%), an average of -25% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 60% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Alamogordo Rotary Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within NM. Charities of a similar size with the same main cause include Sandy Chamber Economic Development Foundation ($62k), California Veteran Entrepreneurs Inc ($62k) and City Heights Town Council Inc ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.