Louisville Rowing Club Inc

Analysis

Louisville Rowing Club Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 2025. 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, Louisville Rowing Club Inc reported income of $111k and spending of $63k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $111k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Louisville Rowing Club Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within KY. Charities of a similar size with the same main cause include Pepperell Youth Soccer League ($111k), Center Township Athletic Association ($111k) and 5280 Karate Academy Foundation Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 57% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.