Tacoma Sunrise Rotary Club Foundation

Analysis

Tacoma Sunrise Rotary Club Foundation is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in June 1995, 31 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, Tacoma Sunrise Rotary Club Foundation reported income of $128k and spending of $62k, leaving 51% of income unspent that year. Across the 3 years on record, from June 2021 to June 2024, income grew from $74k to $128k (+73%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 435%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tacoma Sunrise Rotary Club Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within WA. Charities of a similar size with the same main cause include Morrison County United Way Inc ($128k), Bible Education Legacy Fund Inc ($128k) and West Lampeter Township Community Foundation ($128k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 107% of the total. At year end it held assets of $598k against liabilities of $0, net assets of $598k.