Arctic League Inc

Analysis

Arctic League Inc is a registered charity in United States, based in Elmira, NY. It received its IRS tax-exemption ruling in September 1942, 84 years ago. 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 December 2023, Arctic League Inc reported income of $547k and spending of $211k, leaving 61% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $148k to $547k (+270%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 172%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arctic League Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include BC United Soccer Association ($547k), CBVC ($547k) and Little League Baseball Inc ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.