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Stratton Mountain School & Ski Foundation Inc

RegisteredEIN 03-0259524Stratton MTN, VTAmateur sport and recreation
Income$10.5m2023-06
Spending$10.5msame year
Spent / received96%5-year average
Size in its cause99th pctAmateur sport and recreation
Exempt since1975School
Employees107latest return

Analysis

Stratton Mountain School & Ski Foundation Inc is a registered charity in United States, based in Stratton MTN, VT. It received its IRS tax-exemption ruling in October 1975, 51 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Stratton Mountain School & Ski Foundation Inc reported income of $10.5m and spending of $10.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.0m to $10.5m (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stratton Mountain School & Ski Foundation Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within VT. Charities of a similar size with the same main cause include The Skating Club of Boston ($10.5m), Lower Town Riverfront Conservancy ($10.7m) and Discovery Green Conservancy ($10.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $246k (2.3% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $14.5m against liabilities of $7.3m, net assets of $7.2m. It reported 107 employees.

Income and spending

$0$2.6m$5.3m$7.9m$10.5m2019 Income: $6,979,9312019 Spending: $6,762,68420192020 Income: $7,245,1932020 Spending: $7,519,54520202021 Income: $9,616,5042021 Spending: $8,045,68920212022 Income: $8,953,0522022 Spending: $8,652,09520222023 Income: $10,476,9382023 Spending: $10,511,5012023
IncomeSpending

Where the income comes from

  • Contributions & grants 12%
  • Program services 87%
  • Other 1.3%

Similar-sized charities, same cause

CharityLocationIncome
The Skating Club of BostonNorwood$10.5m
Lower Town Riverfront ConservancyDetroit$10.7m
Discovery Green ConservancyHouston$10.5m
Row New York IncNew York$10.7m