Winnipesaukee Ski Club Inc

Analysis

Winnipesaukee Ski Club Inc is a registered charity in United States, based in Gilford, NH. It received its IRS tax-exemption ruling in February 2005, 21 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 June 2024, Winnipesaukee Ski Club Inc reported income of $608k and spending of $526k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $415k to $608k (+46%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Winnipesaukee Ski Club Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within NH. Charities of a similar size with the same main cause include Peninsula Girls Fastpitch Association ($607k), Fundamental Hoops Inc ($608k) and Carolina Select Volleyball Club Inc ($607k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $82k (16% of expenses). Other salaries and wages came to $136k. At year end it held assets of $1.0m against liabilities of $102k, net assets of $945k. It reported 28 employees.