Brooklyn Figure Skating Club of Ohio

Analysis

Brooklyn Figure Skating Club of Ohio is a registered charity in United States, based in Brooklyn, OH. It received its IRS tax-exemption ruling in April 2020, 6 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 May 2024, Brooklyn Figure Skating Club of Ohio reported income of $75k and spending of $71k, spending 95% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $63k to $75k (+19%), an average of +18% a year. The sharpest change came in the year to May 2024, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Brooklyn Figure Skating Club of Ohio sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within OH. Charities of a similar size with the same main cause include New Hampshire Wrestling Association for Youth ($75k), The Play Brigade Inc ($75k) and Holden Parks TR ($75k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 3.7% and program service revenue 88% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.