Starlights Skating Club

Analysis

Starlights Skating Club is a registered charity in United States, based in Northbrook, IL. It received its IRS tax-exemption ruling in October 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 April 2024, Starlights Skating Club reported income of $881k and spending of $857k, spending 97% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $713k to $881k (+24%), an average of +4.3% a year. The sharpest change came in the year to April 2022, when income rose by 55%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Starlights Skating Club sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Keliix Intra Soccer Club ($881k), Great Basin Youth Soccer League of Nevada ($882k) and Shippenburg Community Fair Inc ($880k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 88% and program service revenue 1.4% of the total. At year end it held assets of $840k against liabilities of $395k, net assets of $445k.