Ice Sports Association

Analysis

Ice Sports Association is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in February 2010, 16 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ice Sports Association reported income of $3.5m and spending of $1.5m, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $3.5m (+156%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 74% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ice Sports Association sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within SD. Charities of a similar size with the same main cause include Florida Elks Properties Inc ($3.5m), Thomas Chew Memorial Boys Club Inc ($3.5m) and Youth Enrichment Programs ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $88k (6.0% of expenses). Other salaries and wages came to $291k. At year end it held assets of $10.0m against liabilities of $2.5m, net assets of $7.4m. It reported 58 employees.