Pico Ski Education Foundation

Analysis

Pico Ski Education Foundation is a registered charity in United States, based in Rutland, VT. It received its IRS tax-exemption ruling in May 1978, 48 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 December 2023, Pico Ski Education Foundation reported income of $52k and spending of $36k, leaving 31% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $73k to $52k (-29%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income rose by 110%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pico Ski Education Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 13th percentile within VT. Charities of a similar size with the same main cause include Road Runners Club of America ($52k), PTA Texas Congress ($52k) and PTA California Congress of Parents Teachers & Students Inc ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $491k against liabilities of $0, net assets of $491k.