Sag Harbor Community Rowing Limited

Analysis

Sag Harbor Community Rowing Limited is a registered charity in United States, based in Sag Harbor, NY. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sag Harbor Community Rowing Limited reported income of $124k and spending of $74k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $124k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sag Harbor Community Rowing Limited sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Marshwood Youth Baseball ($124k), Eastside Football Club ($124k) and Ny Finest Football Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 52% of the total. At year end it held assets of $352k against liabilities of $0, net assets of $352k.