Tempe Rowing Club

Analysis

Tempe Rowing Club is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in June 2002, 24 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 (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, Tempe Rowing Club reported income of $267k and spending of $234k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $267k (+63%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tempe Rowing Club 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 60th percentile, and in the 57th percentile within AZ. Charities of a similar size with the same main cause include Elk River Youth Baseball ($267k), Velocity Aquatics ($267k) and Charles Barker Champions for Charity Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.