Perkasie Rotary Foundation

Analysis

Perkasie Rotary Foundation is a registered charity in United States, based in Perkasie, PA. It received its IRS tax-exemption ruling in August 2022, 4 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, Perkasie Rotary Foundation reported income of $76k and spending of $54k, leaving 29% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $64k to $76k (+19%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Perkasie Rotary Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within PA. Charities of a similar size with the same main cause include Rotary Club of Sedona Red Rocks Endowment Fund Inc ($76k), Kits to Heart Foundation ($76k) and Liga Ecuatoriana de LA Florida Inc ($76k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.