Long Island Rowing Club Inc

Analysis

Long Island Rowing Club Inc is a registered charity in United States, based in Northport, NY. It received its IRS tax-exemption ruling in December 2024, 2 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Long Island Rowing Club Inc reported income of $76k and spending of $81k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $164k to $76k (-54%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Long Island Rowing Club Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include San Dimas Youth Softball Association ($76k), USA Select National Youth Football League Inc ($76k) and Wisconsin Scorpions Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $15k against liabilities of $12k, net assets of $3,184.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.