Stanton Rowing Foundation Inc

Analysis

Stanton Rowing Foundation Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in July 1991, 35 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 June 2023, Stanton Rowing Foundation Inc reported income of $529k and spending of $477k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $184k to $529k (+188%), an average of +30% a year. The sharpest change came in the year to June 2020, when income rose by 160%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stanton Rowing Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Greater Randolph Area Youth Soccer Association ($528k), Gate City Youth Soccer League Inc ($529k) and Football Club Athletic ($528k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 59% of the total. Other salaries and wages came to $124k. At year end it held assets of $1.3m against liabilities of $271k, net assets of $1.0m. It reported 5 employees.