American Collegiate Rowing Association

Analysis

American Collegiate Rowing Association is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in March 2022, 4 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 June 2023, American Collegiate Rowing Association reported income of $94k and spending of $106k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $159k to $94k (-41%), an average of -41% a year. The sharpest change came in the year to June 2023, when income dropped by 41%. Over the whole period it spent 65% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, American Collegiate Rowing Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Rock Springs Amateur Hockey Association Inc ($94k), Indianola Youth Trap Team ($94k) and Trussville Youth Football League ($94k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.