Saint Ignatius Chicago Rowing Inc

Analysis

Saint Ignatius Chicago Rowing Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1998, 28 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 June 2023, Saint Ignatius Chicago Rowing Inc reported income of $290k and spending of $321k, spending 111% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income fell from $293k to $290k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to June 2022, when income rose by 127%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Saint Ignatius Chicago Rowing Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Metro Aquatic Club of Miami Inc ($290k), Chenango County Agricultural Society ($290k) and Living Waters Ministries Inc ($290k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. At year end it held assets of $293k against liabilities of $12k, net assets of $281k.