Wayland-Weston Rowing Association Inc

Analysis

Wayland-Weston Rowing Association Inc is a registered charity in United States, based in Wayland, MA. It received its IRS tax-exemption ruling in February 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wayland-Weston Rowing Association Inc reported income of $545k and spending of $467k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $520k to $545k (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wayland-Weston Rowing Association Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Robert Jacobson Sports Foundation ($545k), Wisdom Hunters Resources Inc ($545k) and Perryton and Vicinity Activities Center ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $168k. At year end it held assets of $837k against liabilities of $120k, net assets of $716k. It reported 22 employees.