Bridgerland Community Ice Arena
Analysis
Bridgerland Community Ice Arena is a registered charity in United States, based in North Logan, UT. It received its IRS tax-exemption ruling in February 1996, 30 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 June 2024, Bridgerland Community Ice Arena reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.2m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 84% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bridgerland Community Ice Arena sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within UT. Charities of a similar size with the same main cause include Wayforward Adventures Inc ($1.2m), Highlands Ranch Aquatics Club Inc ($1.2m) and Bristol Recreation Advisory Council ($1.2m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 57% of the total. Other salaries and wages came to $566k. At year end it held assets of $2.9m against liabilities of $110k, net assets of $2.7m. It reported 61 employees.
Income and spending
Where the income comes from
- Contributions & grants 40%
- Program services 57%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wayforward Adventures Inc | Del Norte | $1.2m |
| Highlands Ranch Aquatics Club Inc | HGHLNDS Ranch | $1.2m |
| Bristol Recreation Advisory Council | Bristol | $1.2m |
| Cape Cod Baseball League Inc | Cotuit | $1.2m |