Station L Rowing Club

Analysis

Station L Rowing Club is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in September 1991, 35 years ago. 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, Station L Rowing Club reported income of $267k and spending of $278k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $224k to $267k (+19%), an average of +9.1% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Station L Rowing Club sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within OR. Charities of a similar size with the same main cause include Psychoanalytic Center of California ($267k), Young Entrepreneurs Organization ($267k) and Elk County Council on the Arts ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $24k (8.6% of expenses). Other salaries and wages came to $83k. At year end it held assets of $120k against liabilities of $5,417, net assets of $115k. It reported 23 employees.