Niles Rotary Foundation

Analysis

Niles Rotary Foundation is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in July 1984, 42 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, Niles Rotary Foundation reported income of $268k and spending of $104k, leaving 61% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $166k to $268k (+61%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 122%. Over the whole period it spent 46% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Niles Rotary Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Brownfield Coalition of the Northeast ($267k), Rural Services of Indiana ($268k) and Downtown Excelsior Partnership Inc ($267k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% of the total. At year end it held assets of $407k against liabilities of $0, net assets of $407k.