Skate DSM

Analysis

Skate DSM is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in June 2019, 7 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 December 2023, Skate DSM reported income of $122k and spending of $170k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $122k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Skate DSM sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within IA. Charities of a similar size with the same main cause include Creeds Athletic Association ($122k), Sonoma Valley Girls Softball Association ($122k) and Tuf All-Stars Inc ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.