Granite Curling Club of Seattlegr

Analysis

Granite Curling Club of Seattlegr is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2006, 20 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, Granite Curling Club of Seattlegr reported income of $652k and spending of $582k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $706k to $652k (-7.6%), an average of -1.9% a year. The sharpest change came in the year to June 2022, when income rose by 281%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Granite Curling Club of Seattlegr sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Mt Olive Soccer Club Inc ($652k), Hoosier Wrestling Inc ($653k) and Mountain Park Athletic Association Inc ($652k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.8% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $1,688 (0.3% of expenses). Other salaries and wages came to $96k. At year end it held assets of $1.6m against liabilities of $94k, net assets of $1.5m. It reported 26 employees.