Little Falls Figure Skating Club

Analysis

Little Falls Figure Skating Club is a registered charity in United States, based in Little Falls, MN. It received its IRS tax-exemption ruling in October 2015, 11 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 August 2023, Little Falls Figure Skating Club reported income of $68k and spending of $52k, leaving 24% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $63k to $68k (+8.7%), an average of +8.7% a year. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Little Falls Figure Skating Club sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include Brandon Valley Youth Softball Association ($68k), South Dakota United Futbol Club ($68k) and Queens United Sports Club Inc ($68k).

At year end it held assets of $46k against liabilities of $0, net assets of $46k.