River City Rowing Club Inc

Analysis

River City Rowing Club Inc is a registered charity in United States, based in W Sacramento, CA. It received its IRS tax-exemption ruling in November 2014, 12 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, River City Rowing Club Inc reported income of $604k and spending of $623k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $470k to $604k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, River City Rowing Club Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Holani Hana Inc ($604k), West Express Swim Team Inc ($605k) and Gallatin Elite Soccer Club ($604k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $153k (25% of expenses). Other salaries and wages came to $97k. At year end it held assets of $471k against liabilities of $1,897, net assets of $469k. It reported 19 employees.