Nashville Rowing Club

Analysis

Nashville Rowing Club is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2009, 17 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Nashville Rowing Club reported income of $348k and spending of $406k, spending 117% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $326k to $348k (+6.7%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nashville Rowing Club sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include Dickson City Recreation Authority ($348k), Playgroundnyc Inc ($348k) and Friends of Rockbridge Swimming Inc ($348k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $166k. At year end it held assets of $166k against liabilities of $24k, net assets of $142k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.