Sebastian River Rowing Inc

Analysis

Sebastian River Rowing Inc is a registered charity in United States, based in Fellsmere, FL. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Sebastian River Rowing Inc reported income of $181k and spending of $144k, leaving 20% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $164k to $181k (+10%), an average of +10% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sebastian River Rowing Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include South Tama Scholarship Foundation Inc ($181k), Satellite Touch Down Club Inc ($181k) and Fairfield High School Alumni Association ($181k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 57% of the total. Other salaries and wages came to $70k. At year end it held assets of $129k against liabilities of $140k, net assets of -$11k. It reported 4 employees.