Alpena Figure Skating Club Inc

Analysis

Alpena Figure Skating Club Inc is a registered charity in United States, based in Alpena, MI. It received its IRS tax-exemption ruling in March 1988, 38 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 June 2024, Alpena Figure Skating Club Inc reported income of $74k and spending of $75k, spending 101% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $75k to $74k (-1.1%), an average of -1.1% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alpena Figure Skating Club Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within MI. Charities of a similar size with the same main cause include National Ambucs Inc ($74k), Squareup Foundation Inc ($74k) and Helen B Murray Oncology Foundation ($74k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 36% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.