Conshohocken Rowing Center

Analysis

Conshohocken Rowing Center is a registered charity in United States, based in Malvern, PA. It received its IRS tax-exemption ruling in March 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 (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, Conshohocken Rowing Center reported income of $697k and spending of $682k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $476k to $697k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Conshohocken Rowing Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Charity Bowl Football Game ($697k), South Cherokee Recreation Association Inc ($698k) and Socal Aquatics Association ($697k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $142k. At year end it held assets of $430k against liabilities of $6,024, net assets of $424k. It reported 15 employees.