Cutting Edge Figure Skating Club Ltd

Analysis

Cutting Edge Figure Skating Club Ltd is a registered charity in United States, based in Pleasant PR, WI. It received its IRS tax-exemption ruling in May 2007, 19 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 June 2024, Cutting Edge Figure Skating Club Ltd reported income of $99k and spending of $83k, spending 85% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $115k to $99k (-14%), an average of -7.5% a year. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cutting Edge Figure Skating Club Ltd sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within WI. Charities of a similar size with the same main cause include Cavallino Classic Foundation Inc ($99k), Waterloo Bulldog Wrestling ($99k) and Victory Athletics ($99k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 87% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.