The Annapolis Rowing Club Inc
Analysis
The Annapolis Rowing Club Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in June 1989, 37 years ago. 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, The Annapolis Rowing Club Inc reported income of $125k and spending of $141k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $125k (+5.8%), an average of +5.8% a year. Over the whole period it spent 107% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Annapolis Rowing Club Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include Tor Gul Inc ($125k), Womens Overseas Service League ($125k) and E S Freedom Housing Development Fund Company Inc ($125k).
On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 10% of the total. At year end it held assets of $162k against liabilities of $0, net assets of $162k.
Income and spending
Where the income comes from
- Program services 10%
- Other 90%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tor Gul Inc | Portland | $125k |
| Womens Overseas Service League | Springfield | $125k |
| E S Freedom Housing Development Fund Company Inc | Auburn | $125k |
| West Potomac Crew Boosters Inc | Alexandria | $125k |