Cortlandt Community Rowing Association

Analysis

Cortlandt Community Rowing Association is a registered charity in United States, based in Verplanck, NY. 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 December 2023, Cortlandt Community Rowing Association reported income of $97k and spending of $105k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $97k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cortlandt Community Rowing Association sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Bavarian Sports Club of Toledo Inc ($97k), Wasabi Paddling Club ($97k) and Genesee Valley Harriers Running Club Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.