Circle City Rotary Foundation

Analysis

Circle City Rotary Foundation is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 2023, Circle City Rotary Foundation reported income of $76k and spending of $45k, leaving 41% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $155k to $76k (-51%), an average of -51% a year. The sharpest change came in the year to June 2023, when income dropped by 51%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Circle City Rotary Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Knox County Crush ($76k), Michigan Chess Association ($76k) and George W Gibbs Jr Elementary PTA ($76k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.