The Undine Barge Club of Philadelphia

Analysis

The Undine Barge Club of Philadelphia is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in June 1994, 32 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, The Undine Barge Club of Philadelphia reported income of $264k and spending of $184k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $278k to $264k (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 58% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Undine Barge Club of Philadelphia sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Little League of Orchard Park Inc ($264k), Waterloo Sports Association ($264k) and Tumblemania Elite All-Star Booster Club Inc ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.