Navesink River Rowing Corp

Analysis

Navesink River Rowing Corp is a registered charity in United States, based in Manalapan, NJ. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Navesink River Rowing Corp reported income of $105k and spending of $124k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $105k (+8.0%), an average of +8.0% a year. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Navesink River Rowing Corp sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include American Academy of Pediatrics Ny Chapter 1 Inc ($105k), Meridian Booster Club ($105k) and PTA Texas Congress ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 60% of the total. At year end it held assets of $70k against liabilities of $1,059, net assets of $69k.