South Orlando Rowing Association Inc

Analysis

South Orlando Rowing Association Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 2011, 15 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 July 2023, South Orlando Rowing Association Inc reported income of $136k and spending of $164k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to July 2023, income fell from $234k to $136k (-42%), an average of -13% a year. The sharpest change came in the year to July 2023, when income dropped by 46%. 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, South Orlando Rowing Association Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Tennessee Premier Soccer Academy Inc ($136k), Novi Parks Foundation ($136k) and Massachusetts Juniors Volleyball Association Inc ($136k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 47% and program service revenue 47% of the total. At year end it held assets of $96k against liabilities of $5,182, net assets of $91k.