Combined Cathedral Crews Rowing Club Inc

Analysis

Combined Cathedral Crews Rowing Club Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1994, 32 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 August 2023, Combined Cathedral Crews Rowing Club Inc reported income of $372k and spending of $428k, spending 115% of what it took in. Across the 6 years on record, from August 2018 to August 2023, income grew from $293k to $372k (+27%), an average of +4.9% a year. The sharpest change came in the year to August 2022, when income rose by 134%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Combined Cathedral Crews Rowing Club Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 39th percentile within DC. Charities of a similar size with the same main cause include South Florida Youth Basketball Inc ($372k), Hope Rides ($372k) and North Gwinnett High School Touch Down Club Inc ($372k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 36% and program service revenue 61% of the total. At year end it held assets of $228k against liabilities of $43k, net assets of $185k.