Aurora Ice Association Inc

Analysis

Aurora Ice Association Inc is a registered charity in United States, based in East Aurora, NY. It received its IRS tax-exemption ruling in February 2004, 22 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 August 2024, Aurora Ice Association Inc reported income of $1.2m and spending of $1.1m, spending 96% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $760k to $1.2m (+52%), an average of +8.8% a year. The sharpest change came in the year to August 2022, when income rose by 51%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Aurora Ice Association Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Grand Junction Air Show Inc ($1.2m), Arizona Tennis Charities ($1.2m) and JSC Soccer Club ($1.2m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 6.3% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $109k (9.8% of expenses). Other salaries and wages came to $202k. At year end it held assets of $3.8m against liabilities of $1.4m, net assets of $2.4m. It reported 42 employees.