Pawtucket Providence Figure Skating Club

Analysis

Pawtucket Providence Figure Skating Club is a registered charity in United States, based in Pawtucket, RI. It received its IRS tax-exemption ruling in March 1995, 31 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, Pawtucket Providence Figure Skating Club reported income of $179k and spending of $186k, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $231k to $179k (-22%), an average of -6.2% a year. The sharpest change came in the year to August 2020, when income dropped by 52%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pawtucket Providence Figure Skating Club sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within RI. Charities of a similar size with the same main cause include Wadsworth Youth Football Booster Club Inc ($179k), New Rochelle Basketball Association Inc ($180k) and Mattoon Baseball Club Inc ($179k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.