Stockton Rowing Incorporated

Analysis

Stockton Rowing Incorporated is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in February 2006, 20 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, Stockton Rowing Incorporated reported income of $68k and spending of $78k, spending 114% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $46k to $68k (+50%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stockton Rowing Incorporated sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Emmett Football Touchdown Club Inc ($68k), Coginchaug Soccer Club ($68k) and Center Moriches Little League Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.6% of the total. At year end it held assets of $92k against liabilities of $3,344, net assets of $88k.

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.