Iola Winter Sports Club Inc

Analysis

Iola Winter Sports Club Inc is a registered charity in United States, based in Iola, WI. It received its IRS tax-exemption ruling in November 1991, 35 years ago. 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 March 2024, Iola Winter Sports Club Inc reported income of $126k and spending of $81k, leaving 36% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $75k to $126k (+69%), an average of +14% a year. The sharpest change came in the year to March 2023, when income rose by 63%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iola Winter Sports Club Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within WI. Charities of a similar size with the same main cause include Little League Baseball Inc ($126k), Slater Band Boosters of the Bangor Area Schools ($126k) and Suffolk County Village Officialsassociation Inc ($126k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 56% and program service revenue 37% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.