Para Rowing Foundation Inc

Analysis

Para Rowing Foundation Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in August 2018, 8 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 August 2023, Para Rowing Foundation Inc reported income of $79k and spending of $66k, spending 84% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $50k to $79k (+56%), an average of +56% a year. The sharpest change came in the year to August 2023, when income rose by 56%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Para Rowing Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include Two Rivers Martial Arts Inc ($79k), Northern Virginia School Hockey League Inc ($79k) and Santa Cruz Coast Athletic League ($79k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.