Southwest Florida Figure Skating Club Inc

Analysis

Southwest Florida Figure Skating Club Inc is a registered charity in United States, based in Ellenton, FL. It received its IRS tax-exemption ruling in June 1998, 28 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, Southwest Florida Figure Skating Club Inc reported income of $89k and spending of $82k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $89k (+14%), an average of +14% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southwest Florida Figure Skating Club Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Hoop Dreams Basketball Club Inc ($89k), Utah County Youth Rugby ($89k) and West Madison Nica Mountain Bike Teams Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 59% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.