Anacostia Community Boathouse Association

Analysis

Anacostia Community Boathouse Association is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2001, 25 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 December 2023, Anacostia Community Boathouse Association reported income of $122k and spending of $92k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $122k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 224%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Anacostia Community Boathouse Association sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 22nd percentile within DC. Charities of a similar size with the same main cause include Alabama Elks Trust Inc Trust Fund ($122k), Dedham Youth Baseball ($122k) and Nebo United Soccer Club ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 77% of the total. It paid $2,767 in professional fundraising fees. At year end it held assets of $252k against liabilities of $15k, net assets of $238k.