Rotary Club of Menlo Park Foundation

Analysis

Rotary Club of Menlo Park Foundation is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in September 1981, 45 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Rotary Club of Menlo Park Foundation reported income of $162k and spending of $231k, spending 143% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $222k to $162k (-27%), an average of -6.1% a year. The sharpest change came in the year to June 2020, when income rose by 57%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rotary Club of Menlo Park Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Saratoga Institute Inc ($162k), McLean Community Foundation ($162k) and Crossroads Career Services Inc ($162k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% of the total. At year end it held assets of $4.2m against liabilities of $541k, net assets of $3.7m.