Alameda Rotary Endowment Foundation

Analysis

Alameda Rotary Endowment Foundation is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Alameda Rotary Endowment Foundation reported income of $74k and spending of $64k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $98k to $74k (-24%), an average of -6.6% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alameda Rotary Endowment Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($74k), The Jackson Band Booster Club ($74k) and Friends of the Waterloo Public Library ($74k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% of the total. At year end it held assets of $954k against liabilities of $1,665, net assets of $952k.