Skating Club of Western New York

Analysis

Skating Club of Western New York is a registered charity in United States, based in Amherst, NY. It received its IRS tax-exemption ruling in November 2022, 4 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 April 2024, Skating Club of Western New York reported income of $70k and spending of $56k, spending 80% of its income. Across the 4 years on record, from April 2020 to April 2024, income fell from $72k to $70k (-3.0%), an average of -1.0% a year. The sharpest change came in the year to April 2023, when income rose by 283%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Skating Club of Western New York sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include North Canton Soccer Club ($70k), Down the Middle Foundation ($70k) and Wisner Community Arts & Recreation Association ($70k).

On its Form 990-EZ for the period ending April 2024, revenue came from program service revenue 86% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.