Shaker Rowing Association Inc

Analysis

Shaker Rowing Association Inc is a registered charity in United States, based in Loudonville, NY. It received its IRS tax-exemption ruling in December 2000, 26 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 August 2023, Shaker Rowing Association Inc reported income of $52k and spending of $59k, spending 112% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $73k to $52k (-29%), an average of -29% a year. The sharpest change came in the year to August 2023, when income dropped by 29%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shaker Rowing Association Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Hanover Athletic Assoc ($52k), North Penn Valley Girls Softball Association ($52k) and Athletes Soul Inc ($52k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.