South Jersey Rowing Club a NJ Nonprofit Corporation

Analysis

South Jersey Rowing Club a NJ Nonprofit Corporation is a registered charity in United States, based in Mount Laurel, NJ. It received its IRS tax-exemption ruling in March 2004, 22 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 June 2023, South Jersey Rowing Club a NJ Nonprofit Corporation reported income of $371k and spending of $219k, leaving 41% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $270k to $371k (+37%), an average of +37% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 69% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Jersey Rowing Club a NJ Nonprofit Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Naples Pathways Coalition Inc ($370k), Spartanburg Youth Soccer Club Inc ($371k) and San Diego Youth Rugby Club Inc ($370k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 76% of the total. At year end it held assets of $266k against liabilities of $8,875, net assets of $257k.