United States Dragon Boat Federation

Analysis

United States Dragon Boat Federation is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in December 2000, 26 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, United States Dragon Boat Federation reported income of $383k and spending of $217k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $291k to $383k (+32%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 327%. Over the whole period it spent 49% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, United States Dragon Boat Federation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within IA. Charities of a similar size with the same main cause include Masconomet Youth Hockey Association Inc ($383k), Dewitt Area Swim Team ($383k) and Wabash Valley Family Sports Center Inc ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $446k against liabilities of $0, net assets of $446k.