Midland Figure Skating Club Inc

Analysis

Midland Figure Skating Club Inc is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in November 1984, 42 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Midland Figure Skating Club Inc reported income of $174k and spending of $176k, spending 101% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $156k to $174k (+11%), an average of +11% a year. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Midland Figure Skating Club Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Springville Youth Soccer Association ($174k), Kollegewidgwok Sailing and Education Association ($174k) and Vacaville Football Boosters Club ($174k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 1.0% and program service revenue 89% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.