Capital City Rowing Inc

Analysis

Capital City Rowing Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in March 1994, 32 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, Capital City Rowing Inc reported income of $229k and spending of $231k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $325k to $229k (-29%), an average of -8.3% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Capital City Rowing Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Fairfax Choral Society Inc ($229k), Nba Mountain Falls Apartments II ($229k) and Licking County YMCA Foundation ($229k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $79k. At year end it held assets of $163k against liabilities of $58, net assets of $163k. It reported 8 employees.