Centennial Park Figure Skating Club

Analysis

Centennial Park Figure Skating Club is a registered charity in United States, based in West Valley City, UT. It received its IRS tax-exemption ruling in November 2017, 9 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 2024, Centennial Park Figure Skating Club reported income of $98k and spending of $90k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $76k to $98k (+30%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Centennial Park Figure Skating Club sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within UT. Charities of a similar size with the same main cause include Prince Georges County Parks and Recreation Foundation ($98k), Gates Youth Soccer League Inc ($98k) and Pythian Camp ($98k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.6% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.