Spartan Alumni Rowing Association

Analysis

Spartan Alumni Rowing Association is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Spartan Alumni Rowing Association reported income of $128k and spending of $81k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $128k (+134%), an average of +134% a year. The sharpest change came in the year to December 2023, when income rose by 134%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Spartan Alumni Rowing Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Sports Starz Academy ($128k), Sacramento Aquatics Club Parent Booster ($128k) and L & L Sports Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.