Sequim Sunrise Rotary Foundation

Analysis

Sequim Sunrise Rotary Foundation is a registered charity in United States, based in Sequim, WA. It received its IRS tax-exemption ruling in February 2000, 26 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 June 2023, Sequim Sunrise Rotary Foundation reported income of $111k and spending of $91k, spending 82% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $57k to $111k (+93%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 394%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sequim Sunrise Rotary Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 35th percentile within WA. Charities of a similar size with the same main cause include Scenic Charitable Fund Inc ($111k), Proteus Syndrome Foundation ($111k) and VC Medical Endowment TR ($111k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $289k against liabilities of $0, net assets of $289k.