Heritage Figure Skating Club

Analysis

Heritage Figure Skating Club is a registered charity in United States, based in Lakeville, MN. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Heritage Figure Skating Club reported income of $195k and spending of $198k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $188k to $195k (+3.5%), an average of +3.5% a year. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Heritage Figure Skating Club sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Pinky Cole Foundation ($195k), Building Men Program Inc ($195k) and Kpas Inc ($195k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 4.5% and program service revenue 85% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.