Washington Figure Skating Club Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Promote the sport of figure skating. The WFSC was founded in 1938 as a member of the United States Figure Skating Association. The WFSC currently lists about 1400 members.
- Income
- $431,176
- Spending
- $407,001
- Spent on programs
- 73%
- Reserves
- 40.2 months of spending
- Largest source of income
- fees for its services, 76%
- Employees
- 0
- Volunteers
- 200
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 90% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 40.2 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Income trend
15 of 15Income rose 9% on the year before.
Spending floor
15 of 1573% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 73% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $28,319 spent. The club is responsible for testing skating levels of all skaters. These tests are scheduled almost every month and typically run 6-8 hours for both freestyle and dance. A fee designed to cover costs is charged to the skater based on level (cost) of the test.
- $139,372 spent. The club hosted three skating competitions (the New Years Invitational, the Picken Dance Classic, and the Potomac Memorial Open)
- $105,435 spent. The WFSC has consistently awarded supporting grants to advanced skaters to help with expenses to qualifying level competitions. Through the Capitol Skating Fund and the main income revenue, the grant awards have become a major program service with support to skaters and organizations and programs throughout the Washington DC area.
- $24,375 spent. Ice skating sessions for ice dancers and freestyle skaters of all levels. Members and basic skills skaters are invited to participate in skating sessions at local rinks for a subsidized cost. Professional coaches are available to assist in learning techniques and skills. These sessions are held year-round and are specifically designed to offer low rates and more favorable conditions (quality ice) to skaters. For example, ice dancing and pairs skating is not compatible with other types of freeskating and sessions such as this offer a safer less crowded venue.
- WSFC received dues from its members which support all of its programs.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.