Friends of Haverford School Rowing

Analysis

Friends of Haverford School Rowing is a registered charity in United States, based in Haverford, PA. It received its IRS tax-exemption ruling in November 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Haverford School Rowing reported income of $83k and spending of $141k, spending 171% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $93k to $83k (-10%), an average of -2.7% a year. Over the whole period it spent 165% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Haverford School Rowing sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Panna Maria Mens Club ($83k), Dobbs Ferry Schools Foundations Inc ($83k) and Orlando Math Circle Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.