Los Altos Rotary Endowment Fund Inc

Analysis

Los Altos Rotary Endowment Fund Inc is a registered charity in United States, based in Los Altos, CA. It received its IRS tax-exemption ruling in July 1984, 42 years ago. 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, Los Altos Rotary Endowment Fund Inc reported income of $871k and spending of $298k, leaving 66% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $370k to $871k (+136%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 84%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Altos Rotary Endowment Fund Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Community Uplift Program ($871k), Broadfutures Inc ($871k) and Ryerss Farm for Aged Equines ($871k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.1m against liabilities of $258k, net assets of $1.9m.