Stockton Rotary Emdowment

Analysis

Stockton Rotary Emdowment is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in October 1983, 43 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Stockton Rotary Emdowment reported income of $362k and spending of $160k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $129k to $362k (+181%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 87%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stockton Rotary Emdowment sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Nonprofit Solutions ($362k), Main Street Gettysburg Inc ($362k) and Female Strong ($361k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% of the total. Compensation of current officers, directors and key employees was $10k (6.4% of expenses). At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.