Skating Club of Saugerties Inc

Analysis

Skating Club of Saugerties Inc is a registered charity in United States, based in Saugerties, NY. It received its IRS tax-exemption ruling in April 2016, 10 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, Skating Club of Saugerties Inc reported income of $72k and spending of $72k, spending 101% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $85k to $72k (-16%), an average of -8.3% a year. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Skating Club of Saugerties Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Round Rock Dolphins Swim Team Inc ($72k), St Clair Shores Youth Soccer League ($72k) and Maryland Community Baseball Inc ($72k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.5% and program service revenue 94% of the total. At year end it held assets of $31k against liabilities of $35, net assets of $31k.