London Bridge Rotary Foundation Inc

Analysis

London Bridge Rotary Foundation Inc is a registered charity in United States, based in LK Havasu Cty, AZ. It received its IRS tax-exemption ruling in July 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, London Bridge Rotary Foundation Inc reported income of $150k and spending of $98k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $59k to $150k (+155%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 96%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, London Bridge Rotary Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within AZ. Charities of a similar size with the same main cause include Little League Baseball Inc ($150k), 10 Orchard Street Housing Development Fund Co Inc ($150k) and Connecticut Antique Machinery Association Inc ($150k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% of the total. At year end it held assets of $699k against liabilities of $6,167, net assets of $693k.