The Skating Club of Northern Virginia

Analysis

The Skating Club of Northern Virginia is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in September 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 April 2024, The Skating Club of Northern Virginia reported income of $211k and spending of $267k, spending 126% of what it took in. Across the 2 years on record, from April 2023 to April 2024, income grew from $163k to $211k (+30%), an average of +30% a year. The sharpest change came in the year to April 2024, when income rose by 30%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Skating Club of Northern Virginia 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 55th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Spiketown Inc ($211k), Fort Collins Figure Skating Club ($211k) and Big Sky Skating and Hockey Association ($211k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 18% and program service revenue 81% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.