Augusta Rowing Club Incorporated

Analysis

Augusta Rowing Club Incorporated is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in August 1986, 40 years ago. 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, Augusta Rowing Club Incorporated reported income of $117k and spending of $92k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $117k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Augusta Rowing Club Incorporated sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within GA. Charities of a similar size with the same main cause include Rivers Edge Ministries Inc ($117k), PTA Arkansas Congress ($117k) and Robert W Scott Scholarship TR ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $316k against liabilities of $812, net assets of $316k.