Westwood Village Rotary Club Foundation

Analysis

Westwood Village Rotary Club Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1993, 33 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, Westwood Village Rotary Club Foundation reported income of $66k and spending of $94k, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $58k to $66k (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 334%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Westwood Village Rotary Club Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Hunakai Park Association ($66k), Taney County 100 Club ($66k) and Renew East Lyme Inc ($66k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.