Cleveland Edges Skating Club

Analysis

Cleveland Edges Skating Club is a registered charity in United States, based in North Olmsted, OH. It received its IRS tax-exemption ruling in April 1992, 34 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 June 2024, Cleveland Edges Skating Club reported income of $253k and spending of $257k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $316k to $253k (-20%), an average of -4.3% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cleveland Edges Skating Club sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Grand Valley Soccer Association ($253k), Municipal Park Baseball Inc ($253k) and 12th Man Club ($253k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 83% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.