Wilshire Rotary Club Foundation

Analysis

Wilshire Rotary Club Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1966, 60 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 June 2024, Wilshire Rotary Club Foundation reported income of $156k and spending of $58k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $65k to $156k (+139%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 99%. 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, Wilshire Rotary Club Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include PTA New York Congress ($156k), Rush Corporation ($156k) and Conway Symphony Orchestra Inc ($156k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% of the total. At year end it held assets of $1.2m against liabilities of $474, net assets of $1.2m.