Thousand Islands Snowmobile Club

Analysis

Thousand Islands Snowmobile Club is a registered charity in United States, based in Clayton, NY. It received its IRS tax-exemption ruling in August 2007, 19 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 March 2024, Thousand Islands Snowmobile Club reported income of $116k and spending of $45k, leaving 61% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $42k to $116k (+176%), an average of +176% a year. The sharpest change came in the year to March 2024, when income rose by 176%. Over the whole period it spent 53% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Thousand Islands Snowmobile Club sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Santa Monica Girls Fastpitch ($116k), Florence Tennis Association ($116k) and Northwest Florida Hockey League Inc ($116k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $160k against liabilities of $57k, net assets of $103k.