United States Bobsled & Skeleton Federation TR

Analysis

United States Bobsled & Skeleton Federation TR is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in November 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United States Bobsled & Skeleton Federation TR reported income of $73k and spending of $82k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $89k to $73k (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United States Bobsled & Skeleton Federation TR sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within IA. Charities of a similar size with the same main cause include PTA New York Congress ($73k), Alpha Gamma Rho Alumni Association Inc ($73k) and Springfield Senators Boosters ($73k).

At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.