Cowtown Skate

Analysis

Cowtown Skate is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cowtown Skate reported income of $319k and spending of $262k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $187k to $319k (+71%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cowtown Skate sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Aquatic Boosters Inc ($319k), North Central Washington Volleyball Club ($319k) and R E a C H E S ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $36k (14% of expenses). Other salaries and wages came to $5,252. At year end it held assets of $252k against liabilities of $0, net assets of $252k. It reported 2 employees.