Glenwood Figure Skating Club

Analysis

Glenwood Figure Skating Club is a registered charity in United States, based in Flossmoor, IL. It received its IRS tax-exemption ruling in December 2001, 25 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, Glenwood Figure Skating Club reported income of $92k and spending of $58k, leaving 36% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $104k to $92k (-12%), an average of -12% a year. Over the whole period it spent 55% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Glenwood Figure Skating Club sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Broken Arrow Girls Softball League Inc ($92k), Harrison Community Basketball ($92k) and Trojan Youth Baseball and Softball ($92k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 6.1% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.