Rotary Club of Los Angeles Foundation

Analysis

Rotary Club of Los Angeles Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1994, 32 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, Rotary Club of Los Angeles Foundation reported income of $370k and spending of $651k, spending 176% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $370k to $370k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to June 2022, when income dropped by 137%. Over the whole period it spent 164% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rotary Club of Los Angeles Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Dine Community Development Corporation ($370k), Sex Workers Outreach Project ($371k) and Colorado Thrives ($370k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $8.4m against liabilities of $0, net assets of $8.4m.