Hailey Ice Park Inc

Analysis

Hailey Ice Park Inc is a registered charity in United States, based in Hailey, ID. It received its IRS tax-exemption ruling in December 2001, 25 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Hailey Ice Park Inc reported income of $744k and spending of $732k, spending 98% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $468k to $744k (+59%), an average of +12% a year. The sharpest change came in the year to April 2023, when income rose by 29%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hailey Ice Park Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within ID. Charities of a similar size with the same main cause include Webster Community Rink Association ($744k), Giv Communities ($744k) and Mountain Goat Trail Alliance ($744k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 14% and program service revenue 83% of the total. Other salaries and wages came to $257k. At year end it held assets of $6.1m against liabilities of $5,872, net assets of $6.1m. It reported 13 employees.