Middlebury Ski Club Inc

Analysis

Middlebury Ski Club Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in February 2018, 8 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 2023, Middlebury Ski Club Inc reported income of $59k and spending of $57k, spending 96% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $52k to $59k (+15%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 15%. 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, Middlebury Ski Club Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 15th percentile within VT. Charities of a similar size with the same main cause include Friends of Conway Recreation Inc ($59k), Colchester Youth Soccer Club Inc ($59k) and Hurricane Swim Team ($59k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 45% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.