Nashau Ice Skating Center Corp

Analysis

Nashau Ice Skating Center Corp is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Nashau Ice Skating Center Corp reported income of $1.2m and spending of $1.3m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.2m (+12%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nashau Ice Skating Center Corp sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NH. Charities of a similar size with the same main cause include Prime Produce Limited ($1.2m), Samaritan Hospital Foundation ($1.2m) and Janes Fund ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. Other salaries and wages came to $485k. At year end it held assets of $2.0m against liabilities of $77k, net assets of $2.0m. It reported 38 employees.