Memorial Figure Skating Club of Houston

Analysis

Memorial Figure Skating Club of Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2014, 12 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 2023, Memorial Figure Skating Club of Houston reported income of $100k and spending of $104k, spending 103% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $98k to $100k (+2.4%), an average of +2.4% a year. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Memorial Figure Skating Club of Houston sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include West Madison Youth Baseball and Softball Inc ($100k), Raiders Ice Hockey Club Inc ($100k) and Sol Blazers Lacrosse Inc ($100k).

At year end it held assets of $76k against liabilities of $0, net assets of $76k.