Maplewood Figure Skating Club

Analysis

Maplewood Figure Skating Club is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in June 2004, 22 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 May 2023, Maplewood Figure Skating Club reported income of $286k and spending of $255k, spending 89% of its income. Across the 3 years on record, from May 2020 to May 2023, income grew from $200k to $286k (+43%), an average of +20% a year. The sharpest change came in the year to May 2022, when income rose by 38%. 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, Maplewood Figure Skating Club sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Harvest Homecoming Festival Associates Inc ($286k), Wisconsin Youth Basketball League Inc ($286k) and In Sports Foundation ($286k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.9% and program service revenue 95% of the total. Other salaries and wages came to $34k. At year end it held assets of $103k against liabilities of $50k, net assets of $52k. It reported 12 employees.