Bare Hill Rowing Association

Analysis

Bare Hill Rowing Association is a registered charity in United States, based in Harvard, MA. It received its IRS tax-exemption ruling in February 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 (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, Bare Hill Rowing Association reported income of $471k and spending of $379k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $365k to $471k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bare Hill Rowing Association sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($470k), Camp Barnes Inc ($471k) and Berkeley County Youth Fair Inc ($470k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $61k (16% of expenses). Other salaries and wages came to $94k. At year end it held assets of $561k against liabilities of $31k, net assets of $530k. It reported 17 employees.