Southport Skating Club Inc

Analysis

Southport Skating Club Inc is a registered charity in United States, based in Gurnee, IL. It received its IRS tax-exemption ruling in June 2013, 13 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 December 2023, Southport Skating Club Inc reported income of $137k and spending of $123k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $137k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southport Skating Club Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Dutch Fork High School Touch Down Club Inc ($137k), Mecklenburg County Community Services Corp ($137k) and United States Bowling Congress Inc ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 95% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.