Iceliners Synchronized Skating

Analysis

Iceliners Synchronized Skating is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in April 2018, 8 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 March 2023, Iceliners Synchronized Skating reported income of $283k and spending of $290k, spending 102% of its income. Across the 2 years on record, from March 2022 to March 2023, income grew from $280k to $283k (+1.2%), an average of +1.2% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Iceliners Synchronized Skating sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Nccacricket Inc ($283k), Batavia Youth Athletics Inc ($283k) and Northern Columbia Community and Cultural Center ($283k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $44k (15% of expenses). At year end it held assets of $69k against liabilities of $0, net assets of $69k.