Rotary Club of Hilton Head Island Charitable Foundation

Analysis

Rotary Club of Hilton Head Island Charitable Foundation is a registered charity in United States, based in Hilton Head Island, SC. It received its IRS tax-exemption ruling in May 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Rotary Club of Hilton Head Island Charitable Foundation reported income of $120k and spending of $91k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $12k to $120k (+898%), an average of +115% a year. The sharpest change came in the year to June 2022, when income rose by 1472%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rotary Club of Hilton Head Island Charitable Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 47th percentile within SC. Charities of a similar size with the same main cause include Princess Cruises Community Foundation ($120k), Nita Curtis Foundation of Edmore ($120k) and Junior League of Lower Columbia ($120k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $194k against liabilities of $86k, net assets of $108k.