Mountain View Ice Arena Inc

Analysis

Mountain View Ice Arena Inc is a registered charity in United States, based in Iron Mountain, MI. It received its IRS tax-exemption ruling in May 1983, 43 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 September 2023, Mountain View Ice Arena Inc reported income of $165k and spending of $145k, spending 88% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $128k to $165k (+28%), an average of +28% a year. The sharpest change came in the year to September 2023, when income rose by 28%. 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, Mountain View Ice Arena Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Mid-South Dressage Academy Inc ($164k), Mountville Youth Athletic Assoc ($165k) and Prospector Youth Soccer Club ($164k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. At year end it held assets of $277k against liabilities of $46k, net assets of $232k.