Skate Nation of Prince William Precision Team

Analysis

Skate Nation of Prince William Precision Team is a registered charity in United States, based in Woodbridge, VA. It received its IRS tax-exemption ruling in March 2023, 3 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, Skate Nation of Prince William Precision Team reported income of $174k and spending of $157k, spending 90% of its income. Across the 4 years on record, from April 2021 to April 2024, income grew from $128k to $174k (+36%), an average of +11% a year. The sharpest change came in the year to April 2023, when income rose by 90253%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Skate Nation of Prince William Precision Team sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include Owensboro Ice Foundation Inc ($174k), Friends of Oceano Dunes ($174k) and Bridgton Ice Arena Inc ($174k).

At year end it held assets of $22k against liabilities of $0, net assets of $22k.