Skate Company Skating Club

Analysis

Skate Company Skating Club is a registered charity in United States, based in Lincoln Park, MI. It received its IRS tax-exemption ruling in January 2016, 10 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 December 2023, Skate Company Skating Club reported income of $104k and spending of $85k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $104k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Skate Company Skating Club sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within MI. Charities of a similar size with the same main cause include Derry Diamond Athletic Association ($104k), Colorado Bighorns 2029 Corp ($104k) and The Good Horseman Foundation ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 84% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.