North Palm Beach Rowing Club Inc Aflorida Not for Profit Corp

Analysis

North Palm Beach Rowing Club Inc Aflorida Not for Profit Corp is a registered charity in United States, based in N Palm Beach, FL. It received its IRS tax-exemption ruling in May 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Palm Beach Rowing Club Inc Aflorida Not for Profit Corp reported income of $564k and spending of $266k, leaving 53% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $215k to $564k (+162%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Palm Beach Rowing Club Inc Aflorida Not for Profit Corp sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include New Mexico High School Rodeo Association ($563k), Denver City Lax ($564k) and Recreation and Fitness Resources Inc ($563k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 35% of the total. At year end it held assets of $730k against liabilities of $0, net assets of $730k.