Stone Bridge Rowing Club

Analysis

Stone Bridge Rowing Club is a registered charity in United States, based in Broadlands, VA. It received its IRS tax-exemption ruling in April 2012, 14 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, Stone Bridge Rowing Club reported income of $80k and spending of $91k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $80k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stone Bridge Rowing Club 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 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include Kansas City Figure Skating Club ($80k), Christmas Circle Community Park ($80k) and Healy Hockey Association ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.