Asheville Youth Rowing Association

Analysis

Asheville Youth Rowing Association is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in May 2008, 18 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, Asheville Youth Rowing Association reported income of $170k and spending of $155k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $167k to $170k (+1.8%), an average of +1.8% a year. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Asheville Youth Rowing Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Jackson Hole Youth Baseball League ($170k), Woodland Swim Team Boosters Club ($170k) and Oak Neck Athletic Council Inc ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 7.2% of the total. At year end it held assets of $326k against liabilities of $7,627, net assets of $318k.