Unity Ice Academy Inc

Analysis

Unity Ice Academy Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2022, 4 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, Unity Ice Academy Inc reported income of $77k and spending of $76k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $77k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Unity Ice Academy Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Rock Island Jr Rocks Baseball Organization ($77k), Tullahoma Soccer Association ($77k) and Western Maryland Youth Lacrosse Conference Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,340 against liabilities of $25k, net assets of -$16k.