The Friends of Wyandotte Roosevelt Rowing

Analysis

The Friends of Wyandotte Roosevelt Rowing is a registered charity in United States, based in Wyandotte, MI. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, The Friends of Wyandotte Roosevelt Rowing reported income of $75k and spending of $83k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $75k (+118%), an average of +118% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Friends of Wyandotte Roosevelt Rowing sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within MI. Charities of a similar size with the same main cause include Meadowbrook Parent Teacher Organization ($75k), South Hamilton Community School District Foundation ($75k) and Los Angeles County Barber & Cosmetologist Apprenticeship ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.