Amherst Skating Club Inc

Analysis

Amherst Skating Club Inc is a registered charity in United States, based in Williamsville, NY. It received its IRS tax-exemption ruling in February 1992, 34 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, Amherst Skating Club Inc reported income of $322k and spending of $302k, spending 94% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $211k to $322k (+53%), an average of +15% a year. The sharpest change came in the year to April 2022, when income rose by 72%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Amherst Skating Club Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Central States Developmental Hockey League ($322k), Swimtulsa Inc ($322k) and Lower Merion Aquatic Club Inc ($322k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Other salaries and wages came to $54k. At year end it held assets of $261k against liabilities of $0, net assets of $261k. It reported 19 employees.