West Side Rowing Club Incorporated of the City of Buffalo

Analysis

West Side Rowing Club Incorporated of the City of Buffalo is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in June 1952, 74 years ago. 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, West Side Rowing Club Incorporated of the City of Buffalo reported income of $931k and spending of $1.1m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $879k to $931k (+5.9%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 27%. 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, West Side Rowing Club Incorporated of the City of Buffalo sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Robert Saligman House ($931k), Habitat for Humanity International Inc ($931k) and Funny Farm Rescue ($931k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $163k (15% of expenses). Other salaries and wages came to $132k. At year end it held assets of $4.3m against liabilities of $94k, net assets of $4.2m.