Long Lake Rowing Crew

Analysis

Long Lake Rowing Crew is a registered charity in United States, based in Long Lake, MN. It received its IRS tax-exemption ruling in October 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, Long Lake Rowing Crew reported income of $189k and spending of $189k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $189k (+27%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Long Lake Rowing Crew sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Radnor Youth Basketball ($189k), Lebanon Youth Baseball ($189k) and Deerfield High School Hockey Foundation Inc ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 33% of the total. At year end it held assets of $218k against liabilities of $2,958, net assets of $215k.