Kettle Moraine Figure Skating Club Inc

Analysis

Kettle Moraine Figure Skating Club Inc is a registered charity in United States, based in West Bend, WI. It received its IRS tax-exemption ruling in March 2017, 9 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 June 2023, Kettle Moraine Figure Skating Club Inc reported income of $149k and spending of $199k, spending 134% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $202k to $149k (-26%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kettle Moraine Figure Skating Club Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within WI. Charities of a similar size with the same main cause include Petaluma Panthers Youth Football & Cheer ($149k), Bloomington Normal Baseball Association Inc ($149k) and Thief River Falls Baseball Association ($149k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.2% and program service revenue 92% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.