Marin Rowing Association

Analysis

Marin Rowing Association is a registered charity in United States, based in Greenbrae, CA. It received its IRS tax-exemption ruling in March 1975, 51 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, Marin Rowing Association reported income of $1.8m and spending of $1.6m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.8m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Marin Rowing Association sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include West Michigan Tennis Inc ($1.8m), Watford City Community Builders ($1.8m) and Alabama National Fair ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $161k (9.9% of expenses). Other salaries and wages came to $645k. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m. It reported 14 employees.