Arizona Figure Skating Club

Analysis

Arizona Figure Skating Club is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in September 1993, 33 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, Arizona Figure Skating Club reported income of $148k and spending of $153k, spending 103% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $199k to $148k (-26%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Arizona Figure Skating Club sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within AZ. Charities of a similar size with the same main cause include Glen Rock Shooting Stars Soccer Club Inc ($148k), Cape Coral BMX Association Inc ($148k) and Clemson Aquatic Team ($148k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 5.3% and program service revenue 83% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.