Modesto Rotary Club Foundation

Analysis

Modesto Rotary Club Foundation is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in August 1977, 49 years ago. 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, Modesto Rotary Club Foundation reported income of $115k and spending of $180k, spending 156% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $148k to $115k (-22%), an average of -6.1% a year. The sharpest change came in the year to June 2021, when income dropped by 151%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Modesto Rotary Club Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Custer County Senior Citizens Club ($115k), Chemists Club ($115k) and International Assn for Promotion of Christian Higher Education ($115k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $354k against liabilities of $0, net assets of $354k.