Rotary Club of San Jose Foundation Inc

Analysis

Rotary Club of San Jose Foundation Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 1949, 77 years ago. 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 San Jose Foundation Inc reported income of $779k and spending of $655k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $822k to $779k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to June 2020, when income dropped by 18%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rotary Club of San Jose Foundation Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Chief Officers of State Library Agencies Inc ($779k), New York School Nutrition Association Inc ($779k) and Highland Facilities Development Corporation ($779k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $7.4m against liabilities of $32k, net assets of $7.3m.