Saratoga Rowing Association Inc

Analysis

Saratoga Rowing Association Inc is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in June 2001, 25 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, Saratoga Rowing Association Inc reported income of $1.8m and spending of $1.7m, spending 96% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $1.6m to $1.8m (+9.4%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income rose by 113%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Saratoga Rowing Association Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Special Olympics Utah Inc ($1.8m), Soccer Club Del Sol Inc ($1.8m) and Camp Beech Cliff ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 90% of the total. Other salaries and wages came to $578k. At year end it held assets of $3.6m against liabilities of $154k, net assets of $3.5m. It reported 35 employees.