Steamboat Springs Figure Skating Club

Analysis

Steamboat Springs Figure Skating Club is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in March 1999, 27 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 June 2023, Steamboat Springs Figure Skating Club reported income of $129k and spending of $115k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $81k to $129k (+59%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 98%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Steamboat Springs Figure Skating Club sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within CO. Charities of a similar size with the same main cause include Ocean Cure Inc ($129k), San Francisco Youth Gaelic Athletic Association ($129k) and Baltimore Bays Soccer Club Inc ($129k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $91k against liabilities of $19k, net assets of $72k.