Winona Figure Skating Club

Analysis

Winona Figure Skating Club is a registered charity in United States, based in Winona, MN. It received its IRS tax-exemption ruling in December 2006, 20 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 June 2024, Winona Figure Skating Club reported income of $84k and spending of $80k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $70k to $84k (+19%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Winona Figure Skating Club sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include Chambersburg Youth Soccer Assn ($84k), White Mountains Interpretive Association ($84k) and Howard County Tennis Association ($84k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.