Border Blades Figure Skating Club

Analysis

Border Blades Figure Skating Club is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in June 2008, 18 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 2023, Border Blades Figure Skating Club reported income of $271k and spending of $256k, spending 95% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $201k to $271k (+35%), an average of +10% a year. The sharpest change came in the year to April 2022, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Border Blades Figure Skating Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 54th percentile within ND. Charities of a similar size with the same main cause include Cambrian Park Little League of San Jose California ($271k), Scott Community Golf Course Inc ($271k) and Tennessee High School Rodeo Association ($271k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 20% and program service revenue 76% of the total. Other salaries and wages came to $57k. At year end it held assets of $157k against liabilities of $193, net assets of $157k. It reported 13 employees.