Pioneer Rowing Club Inc

Analysis

Pioneer Rowing Club Inc is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in January 2001, 25 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, Pioneer Rowing Club Inc reported income of $81k and spending of $139k, spending 171% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $134k to $81k (-39%), an average of -40% a year. The sharpest change came in the year to June 2023, when income dropped by 39%. Over the whole period it spent 126% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pioneer Rowing Club Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within MI. Charities of a similar size with the same main cause include Dent County Commons Association ($81k), Virginia Chess Federation ($81k) and Lions Youth Cheerleading Inc ($81k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 4.9% of the total. At year end it held assets of $101k against liabilities of $62k, net assets of $40k.