Hingham High School Rowing Association

Analysis

Hingham High School Rowing Association is a registered charity in United States, based in Hingham, MA. It received its IRS tax-exemption ruling in February 2008, 18 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, Hingham High School Rowing Association reported income of $320k and spending of $305k, spending 95% of its income. Across the 5 years on record, from December 2017 to December 2023, income grew from $208k to $320k (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hingham High School Rowing Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Georgia Cup Inc ($320k), Community Recreational Council of Chillicothe Ohio ($320k) and Southern Sand Volleyball Academy ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $20k (6.7% of expenses). Other salaries and wages came to $115k. At year end it held assets of $181k against liabilities of $5,110, net assets of $176k. It reported 11 employees.