California Rowing Club

Analysis

California Rowing Club is a registered charity in United States, based in Lafayette, CA. It received its IRS tax-exemption ruling in September 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, California Rowing Club reported income of $630k and spending of $901k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $301k to $630k (+110%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 289%. Over the whole period it spent 113% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, California Rowing Club sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include McKenzie County Fair ($630k), Basalt Soccer Club Inc ($631k) and Colorado Springs Altitude Volleyball Club ($630k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 113% of the total. Other salaries and wages came to $378k. At year end it held assets of $2.1m against liabilities of $47k, net assets of $2.1m. It reported 6 employees.