Southern Wisconsin Figure Skating Club

Analysis

Southern Wisconsin Figure Skating Club is a registered charity in United States, based in McFarland, WI. It received its IRS tax-exemption ruling in December 1998, 28 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, Southern Wisconsin Figure Skating Club reported income of $119k and spending of $123k, spending 104% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $124k to $119k (-4.5%), an average of -4.5% a year. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southern Wisconsin Figure Skating Club sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within WI. Charities of a similar size with the same main cause include Ada Athletic Boosters Inc ($119k), Sebago Canoe Club Inc ($119k) and Berkley Athletic Association Inc ($119k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 1.3% and program service revenue 91% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.