Los Angeles Figure Skating Club Inc

Analysis

Los Angeles Figure Skating Club Inc is a registered charity in United States, based in Manhattan BCH, CA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. 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, Los Angeles Figure Skating Club Inc reported income of $339k and spending of $290k, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $164k to $339k (+107%), an average of +107% a year. The sharpest change came in the year to June 2023, when income rose by 107%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles Figure Skating Club Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Lima Rotary Foundation ($339k), Life Net of Missoula ($339k) and Namaste Foundation ($339k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $325k against liabilities of $0, net assets of $325k.