East Arm Rowing Club Inc

Analysis

East Arm Rowing Club Inc is a registered charity in United States, based in Greenwood LK, NY. It received its IRS tax-exemption ruling in September 2018, 8 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, East Arm Rowing Club Inc reported income of $90k and spending of $70k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $90k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, East Arm Rowing Club Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Junction City Community Baseball Club Inc ($90k), Portsmouth City Soccer Club Inc ($90k) and Maple Island Park Association ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 32% of the total. At year end it held assets of $303k against liabilities of $80k, net assets of $223k.