Genesee Rowing Club Inc

Analysis

Genesee Rowing Club Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in June 2011, 15 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 April 2024, Genesee Rowing Club Inc reported income of $145k and spending of $156k, spending 108% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $127k to $145k (+14%), an average of +3.2% a year. The sharpest change came in the year to April 2022, when income rose by 252%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Genesee Rowing Club Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Kennedy Little League Inc ($145k), Outlaw Baseball Club ($145k) and Vegas Strong Lacrosse ($145k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 0.2% and program service revenue 97% of the total. At year end it held assets of $278k against liabilities of $43k, net assets of $235k.