World Ice Association Inc

Analysis

World Ice Association Inc is a registered charity in United States, based in North Pole, AK. It received its IRS tax-exemption ruling in July 1994, 32 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 2023, World Ice Association Inc reported income of $517k and spending of $717k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $426k to $517k (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2020, when income dropped by 100%. 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, World Ice Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within AK. Charities of a similar size with the same main cause include Kankakee County Fair & Exposition Inc ($517k), Brazas Futebol Club Inc ($517k) and College Conference of Illinois and Wisconsin ($517k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $35k (4.9% of expenses). At year end it held assets of $207k against liabilities of $20k, net assets of $187k.