Stratton Mountain School & Ski Foundation Inc
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
Where the income comes from
- Contributions & grants 12%
- Program services 87%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Skating Club of Boston | Norwood | $10.5m |
| Lower Town Riverfront Conservancy | Detroit | $10.7m |
| Discovery Green Conservancy | Houston | $10.5m |
| Row New York Inc | New York | $10.7m |