Marquette Figure Skating Club

Analysis

Marquette Figure Skating Club is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in April 1985, 41 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, Marquette Figure Skating Club reported income of $196k and spending of $147k, leaving 25% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $154k to $196k (+27%), an average of +27% a year. The sharpest change came in the year to April 2024, when income rose by 27%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Marquette Figure Skating Club sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Red River Valley Skating Club ($196k), Southlake Carroll Target Program ($196k) and Plain City Area Baseball Association ($196k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 3.0% and program service revenue 83% of the total. At year end it held assets of $309k against liabilities of $80, net assets of $309k.