Friends of Brookline Rowing

Analysis

Friends of Brookline Rowing is a registered charity in United States, based in Chestnut Hill, MA. It received its IRS tax-exemption ruling in September 2014, 12 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, Friends of Brookline Rowing reported income of $445k and spending of $431k, spending 97% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $365k to $445k (+22%), an average of +5.1% a year. The sharpest change came in the year to July 2022, when income rose by 99%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Brookline Rowing sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Canyon Del Oro Soccer Club ($445k), Jefferson Charitable Golf Foundatio N Inc ($445k) and Friends of Westwood Recreational Complex ($445k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $200k against liabilities of $6,078, net assets of $194k. It reported 1 employees.