Friends of West Side Rowing Club Incorporated of the City of Buffal

Analysis

Friends of West Side Rowing Club Incorporated of the City of Buffal is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in February 1985, 41 years ago. 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, Friends of West Side Rowing Club Incorporated of the City of Buffal reported income of $52k and spending of $1,110, leaving 98% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $74k to $52k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 181% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of West Side Rowing Club Incorporated of the City of Buffal sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include The Hancock Health Foundation Inc ($52k), PTA Florida Congress ($52k) and Legatus ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.