Red River Valley Skating Club

Analysis

Red River Valley Skating Club is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in January 1983, 43 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 December 2023, Red River Valley Skating Club reported income of $196k and spending of $232k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $178k to $196k (+9.9%), an average of +9.9% a year. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Red River Valley Skating Club sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 46th percentile within ND. Charities of a similar size with the same main cause include Plain City Area Baseball Association ($196k), Marquette Figure Skating Club ($196k) and Mansfield Soccer Association Inc ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $302k against liabilities of $0, net assets of $302k.