Miami International Rowhouse Inc

Analysis

Miami International Rowhouse Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in January 2019, 7 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 2021, Miami International Rowhouse Inc reported income of $104k and spending of $130k, spending 125% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $235k to $104k (-56%), an average of -34% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. 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, Miami International Rowhouse Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Fox Ice Hockey Club ($104k), Murray Youth Swim Team Inc ($104k) and Bethlehem Soccer Club ($104k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $91k against liabilities of $61k, net assets of $30k. It reported 1 employees.