United States Rowing Association

Analysis

United States Rowing Association is a registered charity in United States, based in West Windsor, NJ. It received its IRS tax-exemption ruling in September 1974, 52 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, United States Rowing Association reported income of $16.8m and spending of $15.3m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.9m to $16.8m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United States Rowing Association sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Easter Seal Rehabilitation Center ($16.8m), The Access Agency Inc ($16.9m) and Pee Dee Community Action Agency ($16.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $289k (1.9% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $4.5m against liabilities of $2.6m, net assets of $1.8m. It reported 54 employees.