MHS Rowing Association

Analysis

MHS Rowing Association is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 May 2024, MHS Rowing Association reported income of $104k and spending of $97k, spending 93% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $55k to $104k (+89%), an average of +89% a year. The sharpest change came in the year to May 2024, when income rose by 89%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, MHS Rowing Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include League of Miracles Inc ($104k), Tripp County 4-H Leaders Corporation ($104k) and Quest Youth Organization Inc ($104k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 55% of the total. At year end it held assets of $45k against liabilities of $21k, net assets of $24k.