Loyola Academy Rowing Association Inc

Analysis

Loyola Academy Rowing Association Inc is a registered charity in United States, based in Glenview, IL. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Loyola Academy Rowing Association Inc reported income of $613k and spending of $591k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $369k to $613k (+66%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 108%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Loyola Academy Rowing Association Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Elevate Savannah ($613k), House with a Heart Pet Sanctuary ($614k) and Kidz Grub Inc ($612k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. At year end it held assets of $548k against liabilities of $0, net assets of $548k.