Buffalo Scholastic Rowing Association Inc

Analysis

Buffalo Scholastic Rowing Association Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 2010, 16 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, Buffalo Scholastic Rowing Association Inc reported income of $634k and spending of $384k, leaving 39% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $314k to $634k (+102%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 122%. 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, Buffalo Scholastic Rowing Association 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 74th percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include I Challenge Myself Inc ($634k), Ancient City Soccer Club Inc ($634k) and Louisville Soccer Foundation ($634k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. Other salaries and wages came to $98k. At year end it held assets of $3.2m against liabilities of $776k, net assets of $2.5m. It reported 26 employees.