Roseau Center Ice Club Inc

Analysis

Roseau Center Ice Club Inc is a registered charity in United States, based in Roseau, MN. It received its IRS tax-exemption ruling in August 2012, 14 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 March 2023, Roseau Center Ice Club Inc reported income of $78k and spending of $87k, spending 110% of what it took in. Across the 2 years on record, from March 2022 to March 2023, income fell from $161k to $78k (-51%), an average of -51% a year. The sharpest change came in the year to March 2023, when income dropped by 51%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Roseau Center Ice Club Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within MN. Charities of a similar size with the same main cause include Washington JFL ($78k), Santa Cruz Coast Athletic League ($79k) and Lift Field Hockey Inc ($78k).

On its Form 990-EZ for the period ending March 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.