Skate Wild Foundation

Analysis

Skate Wild Foundation is a registered charity in United States, based in Laguna Niguel, CA. It received its IRS tax-exemption ruling in April 2003, 23 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, Skate Wild Foundation reported income of $78k and spending of $79k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $78k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 123% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Skate Wild Foundation sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($78k), Lift Field Hockey Inc ($78k) and Penn United Soccer Academy ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.