Rotary Club of North Fresno Endowment Fund

Analysis

Rotary Club of North Fresno Endowment Fund is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in November 1986, 40 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 2023, Rotary Club of North Fresno Endowment Fund reported income of $74k and spending of $21k, leaving 72% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $53k to $74k (+39%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 192%. Over the whole period it spent 94% 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 North Fresno Endowment Fund sits at the 29th percentile: it is larger than about 28% 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 Shiloh Community Center Inc ($74k), Jane Krieger Schapiro Family Foundation Inc ($74k) and Ripley Main Street ($74k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $1.1m against liabilities of $400k, net assets of $721k.