TC Figure Skating Club Inc

Analysis

TC Figure Skating Club Inc is a registered charity in United States, based in Fairport, NY. It received its IRS tax-exemption ruling in August 2004, 22 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, TC Figure Skating Club Inc reported income of $230k and spending of $235k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $208k to $230k (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2020, when income dropped by 100%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, TC Figure Skating Club Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Still I Run ($230k), Elite Athletic Cheer ($230k) and Vermont Parks Forever Inc ($230k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.9% and program service revenue 86% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.