Lower Cape Figure Skating Assoc Inc

Analysis

Lower Cape Figure Skating Assoc Inc is a registered charity in United States, based in East Orleans, MA. It received its IRS tax-exemption ruling in April 2004, 22 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, Lower Cape Figure Skating Assoc Inc reported income of $157k and spending of $149k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $149k to $157k (+5.2%), an average of +5.2% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lower Cape Figure Skating Assoc Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Denville Baseball Inc ($157k), Little League Baseball Inc ($157k) and Miss Sarasota Softball Inc ($157k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 5.6% and program service revenue 71% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.