Williston Basin Skating Club Inc

Analysis

Williston Basin Skating Club Inc is a registered charity in United States, based in Williston, ND. It received its IRS tax-exemption ruling in May 1981, 45 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 March 2023, Williston Basin Skating Club Inc reported income of $368k and spending of $582k, spending 158% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $269k to $368k (+37%), an average of +8.2% a year. The sharpest change came in the year to March 2020, when income rose by 38%. Over the whole period it spent 125% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Williston Basin Skating Club Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 60th percentile within ND. Charities of a similar size with the same main cause include Durango Youth Soccer Association Inc ($368k), Rogers Area Youth Basketball Association ($368k) and World Class Gymnastics Parents Association Inc ($368k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 15% and program service revenue 62% of the total. Other salaries and wages came to $70k. At year end it held assets of $1.6m against liabilities of $5,738, net assets of $1.6m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.