Great Lowell Youth Skating Assoc Inc

Analysis

Great Lowell Youth Skating Assoc Inc is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in January 1979, 47 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 March 2024, Great Lowell Youth Skating Assoc Inc reported income of $196k and spending of $179k, spending 91% of its income. Across the 3 years on record, from March 2020 to March 2024, income fell from $212k to $196k (-7.4%), an average of -3.8% a year. The sharpest change came in the year to March 2024, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Great Lowell Youth Skating Assoc Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Cycle 66 Inc ($196k), Irish Charities of Maryland Inc ($196k) and The Dallas Rowing Club ($196k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 17% and program service revenue 82% of the total. At year end it held assets of $79k against liabilities of $37k, net assets of $42k.