Dallas Figure Skating Club Inc

Analysis

Dallas Figure Skating Club Inc is a registered charity in United States, based in Lantana, TX. It received its IRS tax-exemption ruling in July 1984, 42 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 May 2023, Dallas Figure Skating Club Inc reported income of $379k and spending of $429k, spending 113% of what it took in. Across the 3 years on record, from May 2020 to May 2023, income grew from $265k to $379k (+43%), an average of +20% a year. The sharpest change came in the year to May 2022, when income rose by 68%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dallas Figure Skating Club Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Save Mart Cares Foundation ($379k), Slippery Rock Area Parks & Recreation ($379k) and Gitchi Gummi Soccer Club Inc ($378k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $445k against liabilities of $0, net assets of $445k.