Scenic City Empress Boat Club Inc

Analysis

Scenic City Empress Boat Club Inc is a registered charity in United States, based in Iowa Falls, IA. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Scenic City Empress Boat Club Inc reported income of $87k and spending of $84k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $87k (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Scenic City Empress Boat Club Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within IA. Charities of a similar size with the same main cause include Maui Chamber Orchestra ($87k), Palo Alto High School Fiery Arts Booster Club ($87k) and Heavens Heartstrings Ministries ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. Other salaries and wages came to $26k. At year end it held assets of $439k against liabilities of $2,103, net assets of $436k. It reported 2 employees.