Lake Brantley Rowing Association Inc

Analysis

Lake Brantley Rowing Association Inc is a registered charity in United States, based in Longwood, FL. It received its IRS tax-exemption ruling in December 1989, 37 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 June 2023, Lake Brantley Rowing Association Inc reported income of $321k and spending of $325k, spending 101% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $308k to $321k (+4.2%), an average of +4.2% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Brantley Rowing Association Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Magnolia Regional Health Center Foundation Inc ($321k), Tom and Valley Knudsen Foundation ($321k) and Youth for Christ USA Inc ($321k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.