Yankton Area Ice Association

Analysis

Yankton Area Ice Association is a registered charity in United States, based in Yankton, SD. It received its IRS tax-exemption ruling in October 2002, 24 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 2023, Yankton Area Ice Association reported income of $409k and spending of $302k, leaving 26% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $126k to $409k (+224%), an average of +80% a year. The sharpest change came in the year to June 2022, when income rose by 177%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Yankton Area Ice Association sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within SD. Charities of a similar size with the same main cause include USA Swimming Inc ($409k), Western Wake Tennis Association Inc ($409k) and Regatta Point Community Sailing Inc ($409k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. At year end it held assets of $659k against liabilities of $0, net assets of $659k.