Sun Valley Figure Skating Club Inc

Analysis

Sun Valley Figure Skating Club Inc is a registered charity in United States, based in Sun Valley, ID. It received its IRS tax-exemption ruling in July 1992, 34 years ago. 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, Sun Valley Figure Skating Club Inc reported income of $111k and spending of $114k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $111k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sun Valley Figure Skating Club Inc 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 40th percentile, and in the 39th percentile within ID. Charities of a similar size with the same main cause include Arc Housing Development Corporation of Lincoln ($111k), Loring Hospital ($111k) and Sky High Adventure Center Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.