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Center Ice Club Inc

RegisteredEIN 82-2145673Shakopee, MNEducation and training
Income$50k2023-06
Spending$60ksame year
Spent / received107%2-year average
Size in its cause22nd pctEducation and training
Exempt since2017Publicly supported organisat
Employees–latest return

Analysis

Center Ice Club Inc is a registered charity in United States, based in Shakopee, MN. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Center Ice Club Inc reported income of $50k and spending of $60k, spending 118% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $46k to $50k (+8.6%), an average of +8.6% a year. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center Ice Club Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include Aberdeen Torah Inc ($50k), Diversity Education Institute ($50k) and Titans Tutoring ($50k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.

Income and spending

$0$15k$30k$45k$60k2022 Income: $46,3512022 Spending: $43,52620222023 Income: $50,3232023 Spending: $59,5562023
IncomeSpending

Where the income comes from

  • Contributions & grants 60%
  • Program services 40%
  • Other 0.8%

Similar-sized charities, same cause

CharityLocationIncome
Aberdeen Torah IncMatawan$50k
Diversity Education InstituteHouston$50k
Titans TutoringGarden Grove$50k
Mariemont Elementary PTOCincinnati$50k