Allegany County Federation of Snowmobilers Inc

Analysis

Allegany County Federation of Snowmobilers Inc is a registered charity in United States, based in Cuba, NY. It received its IRS tax-exemption ruling in December 2005, 21 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, Allegany County Federation of Snowmobilers Inc reported income of $159k and spending of $159k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $229k to $159k (-30%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Allegany County Federation of Snowmobilers Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Verona United Soccer Assoc Inc ($159k), Friends of Marshall Square Park ($159k) and Skating Club of Andover Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $174k against liabilities of $0, net assets of $174k.