Ice Skating Club of Indianapolis Inc Carmel Ice Stadium

Analysis

Ice Skating Club of Indianapolis Inc Carmel Ice Stadium is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in October 1983, 43 years ago. 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 April 2024, Ice Skating Club of Indianapolis Inc Carmel Ice Stadium reported income of $79k and spending of $68k, spending 86% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $63k to $79k (+26%), an average of +26% a year. The sharpest change came in the year to April 2024, when income rose by 26%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ice Skating Club of Indianapolis Inc Carmel Ice Stadium sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within IN. Charities of a similar size with the same main cause include Medford Ski Education Foundation ($79k), Jamaica Plain Regan Youth League ($79k) and Jamie & Darcy Morris Foundation Inc ($79k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 6.8% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.