Wisconsin Figure Skating Club Inc

Analysis

Wisconsin Figure Skating Club Inc is a registered charity in United States, based in West Allis, WI. It received its IRS tax-exemption ruling in November 1950, 76 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 May 2024, Wisconsin Figure Skating Club Inc reported income of $412k and spending of $360k, spending 87% of its income. Across the 5 years on record, from May 2019 to May 2024, income fell from $454k to $412k (-9.3%), an average of -2.4% a year. The sharpest change came in the year to May 2020, when income dropped by 61%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wisconsin Figure Skating Club Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Delaware Soccer Club ($411k), Gulf Breeze Sports Association Inc ($412k) and Southern Basketball Camps ($411k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 5.4% and program service revenue 94% of the total. At year end it held assets of $222k against liabilities of $0, net assets of $222k.