Carlsbad Rotary Foundation

Analysis

Carlsbad Rotary Foundation is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in October 1994, 32 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 December 2023, Carlsbad Rotary Foundation reported income of $71k and spending of $70k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $63k to $71k (+13%), an average of +4.1% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carlsbad Rotary Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Air Care Alliance ($71k), Zebs Foundation ($71k) and Richardson County Historical Society Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $597k against liabilities of $0, net assets of $597k.