Rio Salado Rowing Club Inc

Analysis

Rio Salado Rowing Club Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in April 2003, 23 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 2023, Rio Salado Rowing Club Inc reported income of $190k and spending of $173k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $202k to $190k (-6.1%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income dropped by 37%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rio Salado Rowing Club Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within AZ. Charities of a similar size with the same main cause include Denver Triton Swim Team ($190k), Sensus Rad Trails ($190k) and Casper Legion Baseball Club Inc ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 63% of the total. Other salaries and wages came to $72k. At year end it held assets of $233k against liabilities of $2,671, net assets of $230k.