Scholastic Rowing Association of America

Analysis

Scholastic Rowing Association of America is a registered charity in United States, based in Wycombe, PA. It received its IRS tax-exemption ruling in June 2003, 23 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, Scholastic Rowing Association of America reported income of $116k and spending of $159k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $145k to $116k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2021, when income rose by 408%. Over the whole period it spent 114% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Scholastic Rowing Association of America sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Florence Tennis Association ($116k), St Louis Park Fastpitch Association ($116k) and Thousand Islands Snowmobile Club ($116k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $446k against liabilities of $0, net assets of $446k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.