Bay State Speedskating Club Inc

Analysis

Bay State Speedskating Club Inc is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, Bay State Speedskating Club Inc reported income of $102k and spending of $104k, spending 102% of its income. Across the 2 years on record, from August 2023 to August 2024, income fell from $116k to $102k (-12%), an average of -12% a year. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bay State Speedskating Club Inc 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 37th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include Tulsa Youth Rowing Association ($102k), Haslet Sports Association Inc ($102k) and Girls Softball Association Inc ($102k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 13% and program service revenue 84% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.