Great Falls Community Ice Foundation

Analysis

Great Falls Community Ice Foundation is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in February 2014, 12 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 June 2023, Great Falls Community Ice Foundation reported income of $504k and spending of $355k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $323k to $504k (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 92%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Great Falls Community Ice Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MT. Charities of a similar size with the same main cause include Omaha Sports Commission ($504k), Chicago Heights Fitness L L C ($505k) and California Ultimate Association ($504k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 60% of the total. Other salaries and wages came to $61k. At year end it held assets of $1.9m against liabilities of $941k, net assets of $933k. It reported 8 employees.