Seminole County Area Rowing Inc

Analysis

Seminole County Area Rowing Inc is a registered charity in United States, based in Winter Springs, FL. It received its IRS tax-exemption ruling in August 2014, 12 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 July 2024, Seminole County Area Rowing Inc reported income of $95k and spending of $97k, spending 102% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $114k to $95k (-16%), an average of -16% a year. The sharpest change came in the year to July 2024, when income dropped by 16%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Seminole County Area Rowing Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Etowah Youth Soccer Association ($95k), White Sulphur Springs Golf Assoc Inc ($95k) and Vernon Hills Stingers Fast Pitch Association ($95k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 0.7% and program service revenue 53% of the total. At year end it held assets of $16k against liabilities of $1,558, net assets of $14k.