Neponset Rowing Club Inc

Analysis

Neponset Rowing Club Inc is a registered charity in United States, based in Milton, MA. It received its IRS tax-exemption ruling in November 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 (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, Neponset Rowing Club Inc reported income of $149k and spending of $118k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $149k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Neponset Rowing Club Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Entrepreneur School for Kids Inc ($149k), Friends Off Montfort Inc ($149k) and Blackhorse Association Inc ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $55k against liabilities of $483, net assets of $54k.