Rose City Rowing Club

Analysis

Rose City Rowing Club is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Rose City Rowing Club reported income of $845k and spending of $838k, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $643k to $845k (+31%), an average of +7.0% a year. The sharpest change came in the year to August 2022, when income rose by 70%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rose City Rowing Club sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OR. Charities of a similar size with the same main cause include Flood City Boxing Academy Inc ($844k), Casco Bay Hockey Assn ($845k) and Eastchester Soccer Club Inc ($844k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $223k. At year end it held assets of $254k against liabilities of $0, net assets of $254k. It reported 22 employees.