Boston Rowing Federation Inc

Analysis

Boston Rowing Federation Inc is a registered charity in United States, based in Wrentham, MA. It received its IRS tax-exemption ruling in January 2022, 4 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 October 2023, Boston Rowing Federation Inc reported income of $137k and spending of $49k, leaving 64% of income unspent that year. Across the 3 years on record, from October 2018 to October 2023, income grew from $24k to $137k (+469%), an average of +138% a year. The sharpest change came in the year to October 2023, when income rose by 37824%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Boston Rowing Federation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Chautauqua Lake Community Sailing Foundation Inc ($137k), Minneapolis Girls Fastpitch Association Inc ($137k) and Ankeny Soccer Club ($136k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.