Monarch Beach Sunrise Rotary Foundation

Analysis

Monarch Beach Sunrise Rotary Foundation is a registered charity in United States, based in Dana Point, CA. It received its IRS tax-exemption ruling in March 2023, 3 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 (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, Monarch Beach Sunrise Rotary Foundation reported income of $240k and spending of $34k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $13k to $240k (+1780%), an average of +1780% a year. The sharpest change came in the year to December 2023, when income rose by 1780%. Over the whole period it spent 18% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Monarch Beach Sunrise Rotary Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Outback Resource Opportunities Inc ($240k), Sullivan County Community College Foundation Inc ($240k) and Velocity Entreprenurial Drive ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.