Arctic Edge Unity Synchronized Skating Teams

Analysis

Arctic Edge Unity Synchronized Skating Teams is a registered charity in United States, based in Brighton, MI. It received its IRS tax-exemption ruling in April 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 2024, Arctic Edge Unity Synchronized Skating Teams reported income of $170k and spending of $199k, spending 117% of what it took in. Across the 6 years on record, from June 2019 to March 2024, income grew from $147k to $170k (+16%), an average of +2.9% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Arctic Edge Unity Synchronized Skating Teams sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Woodland Swim Team Boosters Club ($170k), Norwin Community Athletic Association ($170k) and Asheville Youth Rowing Association ($170k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 2.8% and program service revenue 92% of the total. At year end it held assets of $7,097 against liabilities of $0, net assets of $7,097.