Illinois Rowing Association

Analysis

Illinois Rowing Association is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illinois Rowing Association reported income of $162k and spending of $133k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $162k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Illinois Rowing Association sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Clydesdale Education Foundation ($162k), Tompkins Hockey Boosters Inc ($162k) and Tennessee River Soccer Company ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. At year end it held assets of $305k against liabilities of $113k, net assets of $192k.