Rochester Rowing Club of Minnesota

Analysis

Rochester Rowing Club of Minnesota is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in March 2003, 23 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 Rowing Club of Minnesota reported income of $142k and spending of $133k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $142k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rochester Rowing Club of Minnesota sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Texstar Volleyball Inc ($142k), Little League Baseball Inc ($142k) and Blue Chips Public Relations Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 48% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.