St Louis Rowing Club

Analysis

St Louis Rowing Club is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in January 2002, 24 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 June 2023, St Louis Rowing Club reported income of $547k and spending of $570k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $293k to $547k (+87%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, St Louis Rowing Club sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within MO. Charities of a similar size with the same main cause include McLean High School Athletic Boosters ($547k), Empower Volleyball Inc ($547k) and Maryland Recreation & Parks ($547k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 53% of the total. Other salaries and wages came to $139k. At year end it held assets of $904k against liabilities of $68k, net assets of $836k. It reported 13 employees.