Rangeley Region Cross-Country Ski Club

Analysis

Rangeley Region Cross-Country Ski Club is a registered charity in United States, based in Rangeley, ME. It received its IRS tax-exemption ruling in November 2000, 26 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, Rangeley Region Cross-Country Ski Club reported income of $231k and spending of $134k, leaving 42% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $184k to $231k (+25%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 61% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rangeley Region Cross-Country Ski Club sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 50th percentile within ME. Charities of a similar size with the same main cause include Axiom Volleyball Club ($231k), Winnebago County Fair Association ($231k) and Red Raiders Fastpitch ($230k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $57k. It paid $690 in professional fundraising fees. At year end it held assets of $255k against liabilities of $0, net assets of $255k.