Viking Rowing Foundation Inc

Analysis

Viking Rowing Foundation Inc is a registered charity in United States, based in Northfield, NJ. It received its IRS tax-exemption ruling in November 1984, 42 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, Viking Rowing Foundation Inc reported income of $120k and spending of $111k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $120k (+57%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Viking Rowing Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Peru Free Library ($120k), Fellowship Club ($120k) and Pacific Coast Community Acupuncture ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. At year end it held assets of $647k against liabilities of $0, net assets of $647k.