Manhattan Beach Rotary Club Charitable Foundation

Analysis

Manhattan Beach Rotary Club Charitable Foundation is a registered charity in United States, based in Manhattan BCH, CA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Manhattan Beach Rotary Club Charitable Foundation reported income of $253k and spending of $175k, leaving 31% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $291k to $253k (-13%), an average of -2.7% a year. The sharpest change came in the year to June 2022, when income rose by 334%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Manhattan Beach Rotary Club Charitable Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Bookstock ($253k), Davis Robotics Foundation ($253k) and Center for Higher Educational Achievement ($253k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.3m against liabilities of $13k, net assets of $1.3m.