The Igloo

Analysis

The Igloo is a registered charity in United States, based in Elko, NV. It received its IRS tax-exemption ruling in October 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, The Igloo reported income of $185k and spending of $144k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $208k to $185k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 49% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Igloo sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within NV. Charities of a similar size with the same main cause include HFC United ($184k), Verona Lacrosse Club Inc ($185k) and Pitman Pride Booster Club Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. At year end it held assets of $1.0m against liabilities of $120k, net assets of $917k.