Professional Skaters Foundation

Analysis

Professional Skaters Foundation is a registered charity in United States, based in Pembroke, MA. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Professional Skaters Foundation reported income of $70k and spending of $42k, leaving 41% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income fell from $259k to $70k (-73%), an average of -23% a year. The sharpest change came in the year to March 2020, when income dropped by 77%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Professional Skaters Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include Central Office of Dayton Inc ($70k), Delaware Choral Society ($70k) and PTA California Congress of Parents Teachers & Students Inc ($70k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 2.5% of the total. At year end it held assets of $724k against liabilities of $0, net assets of $724k.