St Clair Shores Figure Skating Club Inc

Analysis

St Clair Shores Figure Skating Club Inc is a registered charity in United States, based in St CLR Shores, MI. It received its IRS tax-exemption ruling in February 1997, 29 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 August 2023, St Clair Shores Figure Skating Club Inc reported income of $307k and spending of $257k, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $287k to $307k (+6.9%), an average of +1.7% a year. The sharpest change came in the year to August 2022, when income rose by 102%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, St Clair Shores Figure Skating Club Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Ping Pong Community ($307k), Dreem Makers Inc ($307k) and Sheridan Hawks Junior Hockey Club Inc ($307k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.