Friends of Davis Rowing Inc

Analysis

Friends of Davis Rowing Inc is a registered charity in United States, based in Villa Park, CA. It received its IRS tax-exemption ruling in June 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 February 2024, Friends of Davis Rowing Inc reported income of $116k and spending of $171k, spending 147% of what it took in. Across the 2 years on record, from February 2023 to February 2024, income grew from $114k to $116k (+2.4%), an average of +2.4% a year. Over the whole period it spent 106% 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 Davis Rowing Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Souderton Area Community Aquatic Club ($116k), Wcoga Boys Foundation ($116k) and Kings Basketball Association ($116k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $163k against liabilities of $0, net assets of $163k.