Rochester Water Ski Club Inc

Analysis

Rochester Water Ski Club Inc is a registered charity in United States, based in Oronoco, MN. It received its IRS tax-exemption ruling in April 2013, 13 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, Rochester Water Ski Club Inc reported income of $53k and spending of $73k, spending 137% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $36k to $53k (+48%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rochester Water Ski Club Inc sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within MN. Charities of a similar size with the same main cause include Pierces Park Management Inc ($53k), Castlerock Health and Fitness Inc ($53k) and Piqua Youth Soccer Club ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 17% of the total. At year end it held assets of $116k against liabilities of $40k, net assets of $76k.