Mendota Rowing Club Inc

Analysis

Mendota Rowing Club Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in March 1983, 43 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, Mendota Rowing Club Inc reported income of $121k and spending of $119k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $121k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mendota Rowing Club Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within WI. Charities of a similar size with the same main cause include St Marys Athletic Boosters Club ($121k), Beaumont Community Youth Basketball Inc ($121k) and Adena Athletic Boosters Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 19% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.