Great Bay Figure Skating Club Dover Ice Arena

Analysis

Great Bay Figure Skating Club Dover Ice Arena is a registered charity in United States, based in Dover, NH. It received its IRS tax-exemption ruling in July 2014, 12 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 June 2023, Great Bay Figure Skating Club Dover Ice Arena reported income of $93k and spending of $65k, leaving 30% of income unspent that year. Across the 3 years on record, from June 2019 to June 2023, income grew from $60k to $93k (+56%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Great Bay Figure Skating Club Dover Ice Arena sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within NH. Charities of a similar size with the same main cause include HB Cal Ripken ($93k), Charlton Youth Soccer Inc ($93k) and Long Valley Basketball Association Inc ($93k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 88% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.