Flower Mound Rotary Charities

Analysis

Flower Mound Rotary Charities is a registered charity in United States, based in Flower Mound, TX. It received its IRS tax-exemption ruling in August 2021, 5 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, Flower Mound Rotary Charities reported income of $82k and spending of $97k, spending 119% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $168k to $82k (-51%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Flower Mound Rotary Charities sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Prescott Noon Lions Club Foundation Inc ($82k), Cape Meares Community Association ($82k) and Birmingham Kiwanis Foundation ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.