East Alton Civic Rink Management Inc

Analysis

East Alton Civic Rink Management Inc is a registered charity in United States, based in East Alton, IL. It received its IRS tax-exemption ruling in January 1997, 29 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 2023, East Alton Civic Rink Management Inc reported income of $906k and spending of $1.0m, spending 116% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $802k to $906k (+13%), an average of +3.1% a year. The sharpest change came in the year to April 2021, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, East Alton Civic Rink Management Inc 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 78th percentile within IL. Charities of a similar size with the same main cause include Black Hills Parks and Forests Association ($905k), Friends of Fort Dupont Ice Arena Inc ($906k) and Pasadena Strawberry Festival Inc ($904k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 74% of the total. Compensation of current officers, directors and key employees was $107k (10% of expenses). Other salaries and wages came to $365k. At year end it held assets of $207k against liabilities of $45k, net assets of $162k. It reported 47 employees.