Southern California Ice Sports Permanent Fund

Analysis

Southern California Ice Sports Permanent Fund is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 April 2023, Southern California Ice Sports Permanent Fund reported income of $90k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $45k to $90k (+99%), an average of +19% a year. The sharpest change came in the year to April 2022, when income rose by 250%. Over the whole period it spent 0.0% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southern California Ice Sports Permanent Fund sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Ponchatoula Basketball Association ($90k), Salem Community Activities Center Inc ($90k) and Gateway Midget Football Cheerleading Association ($90k).

At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.