Breezy Point Figure Skating Club Inc

Analysis

Breezy Point Figure Skating Club Inc is a registered charity in United States, based in Breezy Point, MN. It received its IRS tax-exemption ruling in September 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 June 2024, Breezy Point Figure Skating Club Inc reported income of $72k and spending of $51k, leaving 30% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $15k to $72k (+368%), an average of +36% a year. The sharpest change came in the year to June 2024, when income rose by 149%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Breezy Point Figure Skating Club Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include Recreational Trails Inc ($72k), Pennsylvania State Association of County Fairs ($72k) and Sokol Zizka ($72k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 62% of the total. At year end it held assets of $19k against liabilities of $1,000, net assets of $18k.