Friends of Uc Irvine Rowing

Analysis

Friends of Uc Irvine Rowing is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in April 2021, 5 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 September 2023, Friends of Uc Irvine Rowing reported income of $136k and spending of $141k, spending 103% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $220k to $136k (-38%), an average of -38% a year. The sharpest change came in the year to September 2023, when income dropped by 38%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Uc Irvine Rowing sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Southern Off-Road Bicycle Association ($136k), Kenmore Rowing Club ($136k) and Max Performance Volleyball Club ($136k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.