Portland Ice Skating Club

Analysis

Portland Ice Skating Club is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 2001, 25 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, Portland Ice Skating Club reported income of $60k and spending of $52k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $58k to $60k (+4.2%), an average of +4.2% a year. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Portland Ice Skating Club sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within OR. Charities of a similar size with the same main cause include Rochester Youth Soccer Association ($60k), Woodstock Girls Softball League ($60k) and PSN Flag Football Inc ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 55% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.