Treasure Coast Rowing Club Inc

Analysis

Treasure Coast Rowing Club Inc is a registered charity in United States, based in Palm City, FL. It received its IRS tax-exemption ruling in July 1996, 30 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 December 2023, Treasure Coast Rowing Club Inc reported income of $432k and spending of $396k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $258k to $432k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Treasure Coast Rowing Club Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Psva Volleyball Academy Inc ($432k), United States Bowling Congress Inc ($432k) and Warwick Figure Skaters Inc ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $95k against liabilities of $2,417, net assets of $93k.