Burbank Rotary Foundation Inc

Analysis

Burbank Rotary Foundation Inc is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in November 1985, 41 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 2024, Burbank Rotary Foundation Inc reported income of $123k and spending of $47k, leaving 62% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $39k to $123k (+213%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 551%. Over the whole period it spent 47% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Burbank Rotary Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include McKinley Community Outreach Center ($123k), Colville Main Street ($123k) and Drew County Log a Load for Kids Inc ($123k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% of the total. At year end it held assets of $812k against liabilities of $0, net assets of $812k.