New Orleans Rowing Club Ltd

Analysis

New Orleans Rowing Club Ltd is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Orleans Rowing Club Ltd reported income of $155k and spending of $100k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $81k to $155k (+93%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Orleans Rowing Club Ltd sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within LA. Charities of a similar size with the same main cause include Moultrie-Douglas County Fair & Agricultural Assn Inc ($155k), Sisseton Youth Baseball Association Inc ($155k) and Larchmont Junior Soccer League Inc ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.