Casas Adobes Rotary Foundation Inc

Analysis

Casas Adobes Rotary Foundation Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in February 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Casas Adobes Rotary Foundation Inc reported income of $97k and spending of $67k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $68k to $97k (+42%), an average of +42% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Casas Adobes Rotary Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within AZ. Charities of a similar size with the same main cause include Vergennes Partnership Inc ($97k), Metropolitan Housing Development Corporation ($97k) and Manatee Chamber Foundation Inc ($97k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $436k against liabilities of $1,550, net assets of $435k.