Ford K Sayre Memorial Ski Council

Analysis

Ford K Sayre Memorial Ski Council is a registered charity in United States, based in Hanover, NH. It received its IRS tax-exemption ruling in November 1967, 59 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, Ford K Sayre Memorial Ski Council reported income of $484k and spending of $568k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $520k to $484k (-6.9%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ford K Sayre Memorial Ski Council sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within NH. Charities of a similar size with the same main cause include American Chemical Society ($484k), Pio Mendez Housing Development Fund Company ($484k) and Eastern Analytical Symposium Inc ($484k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 79% of the total. Other salaries and wages came to $293k. At year end it held assets of $421k against liabilities of $0, net assets of $421k. It reported 72 employees.