Westerville Rowing Club Inc

Analysis

Westerville Rowing Club Inc is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2022, Westerville Rowing Club Inc reported income of $342k and spending of $319k, spending 93% of its income. Across the 3 years on record, from December 2019 to December 2022, income fell from $366k to $342k (-6.6%), an average of -3.3% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westerville Rowing Club Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include New Ulm Area Emergency Food Shelf Inc ($342k), Association of Fundraising Professionals ($342k) and Russell United Methodist Daycare ($342k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 29% and program service revenue 70% of the total. At year end it held assets of $296k against liabilities of $2,415, net assets of $294k.