Cincinnati Junior Rowing Club Inc

Analysis

Cincinnati Junior Rowing Club Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in September 1999, 27 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 July 2024, Cincinnati Junior Rowing Club Inc reported income of $608k and spending of $681k, spending 112% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $317k to $608k (+92%), an average of +18% a year. The sharpest change came in the year to July 2021, when income rose by 99%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cincinnati Junior Rowing Club Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Fundamental Hoops Inc ($608k), United States Lifesaving Association ($608k) and Winnipesaukee Ski Club Inc ($608k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 9.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $140k (21% of expenses). Other salaries and wages came to $109k. At year end it held assets of $61k against liabilities of $101k, net assets of -$40k. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.