Crystal Lake Rowing Club

Analysis

Crystal Lake Rowing Club is a registered charity in United States, based in Crystal Lake, IL. It received its IRS tax-exemption ruling in March 2005, 21 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, Crystal Lake Rowing Club reported income of $75k and spending of $87k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $75k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crystal Lake Rowing Club sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Red River Valley Lacrosse Association ($75k), Fort Worth Judo Club Inc ($75k) and United States Bowling Congress Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.0% of the total. At year end it held assets of $26k against liabilities of $1,543, net assets of $25k.