Glacier Skate Academy Inc

Analysis

Glacier Skate Academy Inc is a registered charity in United States, based in Whitefish, MT. It received its IRS tax-exemption ruling in December 2019, 7 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, Glacier Skate Academy Inc reported income of $218k and spending of $188k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $192k to $218k (+14%), an average of +14% a year. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Glacier Skate Academy Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MT. Charities of a similar size with the same main cause include Delano Youth Baseball-Softball ($218k), Cohasset Sailing Club Inc ($218k) and Springford Youth Athletic League ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 63% of the total. At year end it held assets of $172k against liabilities of $19k, net assets of $153k.