Glacier Falls Figure Skating Club Inc

Analysis

Glacier Falls Figure Skating Club Inc is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in November 2003, 23 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 December 2023, Glacier Falls Figure Skating Club Inc reported income of $354k and spending of $328k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $354k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 267%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Glacier Falls Figure Skating Club Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Paladin Sports Outreach ($354k), Benicia Youth Soccer ($354k) and Jackson Reed Tiger Athletics Inc ($353k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $183k against liabilities of $0, net assets of $183k.