Jacksonville Rowing Club Inc

Analysis

Jacksonville Rowing Club Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in November 1992, 34 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, Jacksonville Rowing Club Inc reported income of $116k and spending of $70k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $116k (-7.0%), an average of -7.0% a year. Over the whole period it spent 49% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jacksonville Rowing Club Inc 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 44th percentile within FL. Charities of a similar size with the same main cause include Shelby County Youth Soccer Club Inc ($116k), Greenwood Youth Soccer Organization Inc ($116k) and Tri-City Lacrosse ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 20% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k.