Pelham Community Rowing Association Inc

Analysis

Pelham Community Rowing Association Inc is a registered charity in United States, based in Pelham, NY. It received its IRS tax-exemption ruling in November 2006, 20 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, Pelham Community Rowing Association Inc reported income of $963k and spending of $983k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $660k to $963k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 51%. 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, Pelham Community Rowing Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include TFTSP Youth Golf Council St Petersburg Florida Inc ($963k), Pop Warner Little Scholars Inc ($963k) and Collegiate Water Polo Association ($962k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $484k (49% of expenses). At year end it held assets of $583k against liabilities of $5,367, net assets of $578k.