East Bay Rowing Inc

Analysis

East Bay Rowing Inc is a registered charity in United States, based in Warren, RI. It received its IRS tax-exemption ruling in April 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, East Bay Rowing Inc reported income of $112k and spending of $109k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $112k (+14%), an average of +14% a year. Over the whole period it spent 132% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, East Bay Rowing Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 35th percentile within RI. Charities of a similar size with the same main cause include Nutley Belleville Columbus Day & Italian Heritage Month Parade Comm ($112k), Alliance for Morris County Parks a New Jersey Non Profit Corporation ($112k) and Everything Basketball Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $182k against liabilities of $0, net assets of $182k.